I'd like to think you'll find the resources we offer on structuring syndications / private offerings to start your own RE investment firm informative as well (pretty sure I'm biased though).The terminology, process, necessary documents and decisions (PPM, Reg D 506 (b vs c), blind bool preferred return, etc. all seem a bit overwhelming at first, but it's pretty straight forward once you understand the basics and get some exposure to the moving parts. 

The first set is documents they send you and you need to sign and return.

Underwriters must be able to document their lending decision, they can't just assume or say....well the borrower or the landlord or the Realtor told me so.

I can go in and make sure that any tenant issues, broken blinds, holes in walls, Drawings on walls, etc are documented and had them fixed.  

Remember it is a living document make revisions as needed.

Did you create the document that you use in your business to evaluate properties of did you find it somewhere?

They get tons of documents, assignments, qusip registration numbers and records.

You might be better off if you just interview property management companies, and see if they would give you a copy their lease, i am not saying to plagiarize it, however there might be specific items in that document that an attorney would not know just because that is not what he does on a daily basis.  

Abilty to Repay Rule says:The lender must determine your “ability to repay.”Before you get a mortgage loan, the lender generally has to determine you have the ability to repay the loan.The lender must collect and verify your financial information.When you apply for a mortgage loan, you have to give the lender certain financial information.The lender has to check the information using reliable documents, such as a W-2 or pay stub.

Just hit me up, and I'll email it to you.Post the document in the BP "fileplace" and then put a link to that posted doc here.