Also get a copy of their orders before signing long term leases, you want to make sure they are PCS orders, not TDY orders.Other than that, they probably aren’t more of a risk than similar aged non-military, and you may have a couple more tools for them to encourage them to comply with the lease, such as suggesting you will discuss issues with their commander or first sergeant about significant violations .

Get your last three tax records copied and any of your loan documents and pay stubs.5.

.  Tonight I wrote them an email allowing them a one-week extension for each resident to get renters insurance since they followed up with a copy of the quote-not an actual certificate - for just one of the three roommates.

You should be charging late fees, serving any appropriate pay or quit notices for past due rent, providing copies of any notices you serve to the tenants to the Housing Authority, reminding the tenants that even in jurisdictions that have/had eviction moratoriums that doesn’t mean they don’t owe rent and that you won’t attempt to collect it, and advise them that when evictions resume (which is likely to be soon) if they force you to pursue that option they are not only risking their tenancy they are also risking their Section 8 voucher. 

1) Get copies of current leases, do NOT take a broker ProForma2) Get copy of ACTUAL income & expenses3) Do your own math and have broker send you comp sales to verify pricing4) Make sure you have an inspection contingency on your offer and hire an inspector that knows what he's doing to determine CapEx stuff.

Don't copy my mistakes! 

@Kyle GallowayRequest a copy of the death certificate from the county viatical statistic dept.

Other than insurance and appraisal, and a copy of the lease, the lender will not care too much about the specifics of the asset.

FLA title closers):Copy of closing/settlement statement (HUD, ALTA, etc.).  

@Bonnie Low I really appreciate your post and I copy and pasted it into my notes to focus on.