You'd give the new tenant a key.... and keep the second one as you can just make a copy before hand off.

I'm going to copy/paste my response from another similar question, though it doesn't agree with the first two responses:From https://www.biggerpockets.com/...In a hot market I'd say it's a good idea.

I would love to see a copy of that if possible. 

Does any of you have a copy of the Notice that Indy is now requiring come July 1st 2020?

More annoyingly, I find that they almost always exactly match Zillow's "Zestimates" for the houses as of the day of the appraisal, and that those numbers have declined in the weeks leading up to the appraisal.Now, it's tempting to just shake my fist at lazy appraisers copy-pasting Zestimates, but I've had different appraisers in different properties.

I hadn't heard that.My philosophy is that you shouldn't copy what everyone else is doing, but instead position yourself against your competition.

(If you would like me to do a video tutorial so you can see how I did it, please leave a comment below). 1) A copy of a valid Driver’s license, Passport, Military ID, Social Security Card; Identification, you get it.2) Bank statements - (2 months back) for every bank account you have.

We gave copies to all our clients one year as a gift - on top of title insurance, deed, personal guaranty, etc. make sure to also get a hazard insurance policy for 125% of the loan amount too.

If everything is good except the credit score (maybe get a copy of DL and do a criminal / civil judgment check on him and the co-signer also, since those don't show up on credit reports anymore), you might just go off employment, followed-up job and landlord references, co-signer, and very landlord-favorable lease and payment terms.

It doesn't take long, just enter your info and submit copies of your articles of incorporation and operating agreements if necessary.