Require the insurance company to verify all adult occupants are screened prior to occupancy.

I'm trying to figure out a way to get a refinance on a stabilized rental property even though I don't  have any verifiable income at the moment.

Hiring a good management company would take care of doing most of the necessary work everyday but you would have to manage them to verify they are doing what they ought to do. 

Look for someone with a stable job and make sure to verify.

Once a tenant is approved, when is it appropriate to verify that they have purchased renters insurance.....at the lease signing or prior? 

Also, based on location and size, I'm assuming the purchase is well under the $1.5mm threshold for FinCen, so the SCorp members wouldn't have to reveal themselves, although I doubt they're trying to hide their identity like some foreign billionaire or something.

They should need access to the house to verify the square footage and look at the livable condition, but that's it.

However, our experience has been that local jurisdictions frequently layer their own requirements atop of the national code - and have worked in places where the local code requirements required second doorways in dwelling units not protected by sprinkler systems (we are working on one such project now).Hence my suggestion to verify local code (for Baltimore in the OPs instance).

Very glad this one worked out for you.You numbers also help me verify something I have been tossing around in my head, you being a broker/agent certainly sweetened this deal up for you - if you would have had to give up 3% on the acquisition and sale side, the margins would have been much tighter, and perhaps you may not have even pursued?  

Her edge for me to consider her over others is that she can offer higher and stable rent, but I need to verify if her higher rent is including utilities ASAP; she asked me to increase my asking rent to what she’s allowed from section 8 if I can provide her a cooking stove, and to install central air which I’m considering anyway.And what should I tell my other turned down qualifying applicant without any discriminating element that I might not be aware of if they ask for the specific reason after I’d told them that I’d already chosen a financially better qualifying tenant over them?