my sampling of those podcast showed them to be rather Upper-Canada centric ... nonetheless they can be entertaining and do contain the odd bit of usefulness.

Building a team of trusted advisors: realtor, lender, attorney etc... is a very important first step and the best way to familiarize your self with any market you're considering.  

They will need to do it by rolling into a self-directed IRA to avoid any tax consequences of pulling from their 401k. 

Are you planning to self manage?  

I want to thank the collective wisdom of bigger pockets community that enabled me to grow from 13 doors to 75 doors in 2 years while also holding a full time job in technology (I own and self manage these properties with a 50% partner).

I would have called MPD on my scruffy looking twenty-something self, especially if he was sleeping an empty house that no one was supposed to be in!

the two may be separate applications and inspections or might be one in the same.

Is there a good resource for an application for a commercial/daycare tenant?

Much on here is free, so you've got nothing to loose.As far as other software applications, you probably didn't get many responses because you're not being specific.

I just closed and was given a check in the amount of both tenants deposits.Right away you want to call and transfer any utilities that the previous owner was paying, as well as call and set up a time to introduce yourself to them, as well as lay out clear guidelines and expectations as to what to expect with you as the new owner, ie. where and when to send payment, contact info and info on what to do if there are any issues that need to be addressed.I just closed on a new duplex and acquired tenants, i called right away and started service for water and garbage for the tenants, as well as met with them in person, I showed up with a copy of their current lease agreement for them to have as a refresher, a basic rental application for them to fill out to make sure i had the most current information about employment, tenants, contact info, as well as had them make a list of concerns and things that need repair.