You’d probably still start with your insurance, give them a copy of your notice/documentation, and let them collect.

We will be spending our time extending leases, creating property documents with proof of rental history and stabilized the property.

I need to get some more documentation together.

Document anything that requires cleaning or repairs that you intend to charge the tenant for.

Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called estoppel form or agreement).

I would ask to see their documented track record.

It's a solid contract that covers the common disclosures in a purchase, and then we add the Income Addendum which covers the lease, move-in checklist, rent roll, etc for an investment property.Very few will ever provide the screening documents, in my case it is against the agreement I have to be able to screen parties.

I also schedule my own walk-through inspection within a week of purchase so I can take pictures to document condition, ask the tenants about any deferred maintenance, or to discuss any pending changes.

How will you document this?

Document everything.