When it comes to foreclosure info broken down by state, I have found this site to be helpful: https://www.realtytrac.com/rea...As for licensing info, the NMLS is probably your best starting point. 

That is the ideal scenario but sometimes the communication doesn't happen or things get broken unexpectedly.

I would encourage you to check out some of my posts on Market Data in NC, I have some of the most popular areas in NC broken down in easy to digest data.

Do make sure that you are over-insured if anything, and as Chris suggests, don't do dumb things with the property.....no loose handrails, broken steps, etc.

Our storage units were broken into down below in the basement by these neighbors, nothing was done.

Is he able to kick him out if rent is paid on time every month and no parts of the lease have been broken?

I have yet to meet an agent that provided an ala-carte menu that is broken out in detail.

Even if a tree fell on the house, it would not be covered because the policy was broken by the homeowner. 

Or, as you say, it could be a broken pipe under the slab.

No good budget...could be a faucet or toilet....could be a broken line somewhere, multiple somewheres.