I can explain why in more detail if you like to talk about it.All good questions but please be careful not to fall into the "analysis - paralysis trap".I recommend getting support from a mentor and together developing an action plan rather than aiming to learn everything yourself before you pull the trigger on the first deal.

If so, what should our next action be? 

Would an adverse action letter be required for each of these potential tenants who has requested a showing or submitted an application (I did not invite anyone else to apply yet, but some have applied immediately upon seeing the listing without any pre-screening).Any insights would be very much appreciated.

Atlanta is a hot market, its nice to be near the action.

Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.The E-Myth by Michael Gerber- Highly recommended no matter what type of business you’re looking to begin - RE Investing, construction, development, property management, etc.

You can't start to evict them until they have failed to pay the rent as agreed upon, so no matter what he says you still can't take action against him.  

However, I have been researching for some time and I am very ambitious as to take action towards my Real Estate journey.  

Lack of response means bad news they don't want to share.

Proper identification of tenants is also needed if you want any chance of having local code enforcement write tickets against the tenant and not the owner.Any Legal Action Documents: you’ll definitely want to know if the current landlord is evicting or suing the current tenant(s).

I am trying to learn the fundamentals and actually take into action ground up development with a sustainable focus ( I have my LEED certification) .