And now it's going to continue going on longer than it ever should have due to eviction moratoriums.Second, tenants who get more than a month behind seldom ever catch up on rent. 

Like @Marcus Auerbach said, do a review on HVAC and roof, gutters, double check plumbing/drainage, and make sure filters, light bulbs, and smoke detector batteries are all in good working order.Do a walk-through of the property as if you were someone looking for a place to rent with a hypercritical eye.

I plan to stay for at least 5 years, which seems to be the only catch according to the lender on using these programs.

When I dive into a deal other areas of the company...my private fundraising slow down considerably, then I'm playing catch up!

If a tenant puts a shoe box over the hole it could catch fire or at least start to smolder.

However, what exactly are you looking for when you see the form with your own eyes?

Basically in my eyes it looks great on paper, BUT it's been on the MLS for 3 months.

Keep your eyes open, know your numbers and market, and never rush or fudge numbers.

I would want to find out their plans for catching up on the rent.

THE CATCH is that there would be ZERO cash flow and my returns would come from principal paydown.