In terms of condition of units, damage, etc, you still get access to ALL units during Due diligence, and of course beyond the units, look at copies of leases, rent rolls, late payment history, you can even ask for copies of applications and background checks performed by seller. 

Do your research and dont get pulled in by super low rates and Do Not Pay an "Application Fee" just for a lender to look at the file.

I have two approved applicants for my property and i have required a double security deposit (two month's rent, totaling $3,800.00) due to lack of rental history and one of them having some delinquent credit history.

The application process is getting finalized but it will be streamlined to get funds into small business owner's hands and maintain employment.One of the primary features will be that if employers maintain or re-establish employment levels to historical levels, that portion of the loan proceeds will be forgiven.

I got all 'clear' on an applicant that did a background check through Zillow.

It has the answers you’re looking for, and he is based out of Austin, so the numbers are applicable here.

Every time I list a property on any of those sites I get a ton of inquiries from interested applicants asking me if I accept Section 8. 

Sure, bad phone lines happen, I won’t write them off just yet...I followed up with an email, he sent me their “application form” to fill out.  

Just out of curiosity, have any of you changed your requirements for new applicants?

Advertise everywhere and comprehensively vet your applicants.