K-1 itself will not have the data necessary to prepare that form though.

@Eric Salgado I help investors make sound investments backed up tech and data, what area are you looking at? 

We were pleased with the results when I test drove over it and there have not been any complaints about it from the new tenants.

Do you have any links to information about how this is happening - basically any links with real data and information rather than just a "this is happening" type story?  

I've tried TenantCloud (just as a test case) and really liked the features and simplicity.Here's an article that reviews some of the more popular systems: https://rentprep.com/reviews/b...

The fact that the certified professional was able to review a phase II from 1996 indicates to me that there's some kind of private data exchange out there.

I use Zillow Rental Manager to collect rent electronically, I just started using Stessa to track data, a Excel check book register to track expenses and deposits and TurboTenant to list my vacant properties.  

I'm primarily on VRBO and I get these regular suggestions from VRBO that state "adjust your rate based on changing market data". 

Once we have historical data to lean on it becomes easier to provide that data.

You should be doing a full home inspection to include radon testing and termite check, a sewer (or septic or well) inspection, and if applicable, an oil tank sweep.