In terms of due diligence, for example, for an acquisition FHA under Section 223(f) you would be looking at an Appraisal, Phase I Environmental Assessment, Capital Needs Assessment (depending on the age of the property it might include Asbestos and Lead Paint testing) and Radon testing (where applicable).

Hey guys, Through my research, I see that Appfolio, Propertyware, and Buildium are the 3 biggest landlord property management softwares.

Make them fill out an application as well and put their name on the lease. 2) Since we are going to live on another side of the property, should I tell them I'm the "manager" or their landlord? 

However, my father will arrive tomorrow and speak with the mortgage department with application in hand.

The bank that owns this property is a small local bank and has offered 100% financing and some help with funds for rehab depending on my credit application.  

Would you really want to rent to a tenant that is going to complain about the toilet seat being up before they even fill out a rental application?

I would consider another applicant and see if they look better to you. 

However, from a credit card issuer perspective, they will reject your credit card application for too many inquiries even if you have a decent credit score.

I have an applicant signing her lease with me tomorrow morning.

You may be ready for management software.