Most often the application process takes longer because previous landlords do not respond in a timely manner, jobs verification doesn't respond in a timely manner, and the tenant doesn't provide the necessary documentation.

Most of my renters choose #1 because it provides a clean break.I document everything and I don't accept the early termination notice or start the clock until they pay the termination fee. 

You can combine both sources in one document to strengthen your proof. 

Until now, I’ve mostly shared this journey with close friends and family, but I’ve realized it’s time to open up and document this experience for everyone.

Document every incident and move on.

Without an operating document, it's unlikely they could sue you unless it's in the city rules that all homes are responsible.

This is embarrassing to admit but they are now giving out free tablets to keep track of all the documents needed for the class. 

When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

The registered agent is listed on all the documents, not the property owner.Your Operating Agreement should list members and authority.