Not the tenant.The prospective tenant should pay an application fee prior to running the reports and working the application.Deposit or fees should be paid prior to leas signing. 

I have proof also from the PM's move-out inspection report with pictures showing valves were left on. 

If the property is vacant, lenders will base the loan off a 1007 report, which is a comparable market rent report for the subject property.

View report*This link comes directly from our calculators, based on information input by the member who posted.I am a newbie learning to run numbers on a deal that was presented and would appreciate an audit from a seasoned pro.

Gat a DU report from your lender, this shows your preapproval was fully underwritten and not just some 5 minute half a$$ approval. 

I saw an AirDNA report (see below) that said the property could bring in 44k in rent throughout the year and I am wondering if you think it is accurate.

@Matthew McCormick its a bitumen (asphalt rolls) roof, has some tear down and aluminum coating already per inspection report seems like seller did that to extend life of roof maybe 5 years ago. 

I have the inspection report that was done on the property last month.

You’ll want to run a demographics report focusing solely on south of the river to see how many people are there, percentage of renters to buyers, median household income, and average number of people per household to make sure the area will be able to support that laundromat.2.

The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.