There are two types of TSP loans: General purpose and residential loan. 

My question is, for those that are familiar with Rent Redi, are the instructions to confusing for most people to follow and fill out the prequalification form and I should simplify the process, or should I consider the instructions of the prequalification form a way to weed people out and if someone isn't willing to follow through with those steps I should consider that in the type of tenant they well be?

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

Definitely a lot of good opportunities depending on which neighborhoods you're looking to invest in and the type of properties you're looking for. 

What type of loan are you looking to get into?

@Sean Yang Regarding audits, it depends on the type of audit it is.

Because for a certain type renter it’s just SO easy to continue renting fully furnished rather than having to spend $20-40k on furniture; come up with a down payment on a house purchase; and or worry about repairs and maintenance.  

Purchase price: $380,000 Cash invested: $135,000 Annual rental to be turned into STR when tenant vacates What made you interested in investing in this type of deal?

@Marko BukvaI'm not entirely clear on the plan and ownership, but there are potentially several different types of tax at play for a transaction like you're discussing - gift taxes, estate tax, income tax, property tax, documentary transfer tax, etc. 

There are a few options for platforms that an agent should be able to market your property to get it in front of the right type of buyers who are looking for assumable loans.