Are they abiding by the lease terms, maintaining the rental, paying rent on time, etc?

Purchased rentals that hit the 1% rule!

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

You can turn always turn the home into a rental but at origination, your intent must be to live there within 60 days.A twist a lender can answer: The service member will be living there in 6 months but the spouse and kids can go early.

I'll definitely dive deeper into rental management.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $75,000

Cash invested: $125,000

Concrete House 4 Bedroom 1,700 Sqft. all Renovated, in a 5,000 sqft Lot.

...

Residence to Rental - Rent next place?

[Source: Census Bureau]TP: This increase in MF supply should help to keep rental rate increases in check, which should also be good news for “shelter” costs and overall inflation.A 5% cap on rental rate increases?

I slept well at night, even with a portfolio of SF rentals in my name, because I had a $2M umbrella.When done correctly, an LLC adds another layer. 

Agreed on the in-kind not being the best way to fly, but it was necessary for at least a couple of years - RMD's exceeded rental income and selling wasn't an option.