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In this Buildium tutorial by Jonah Christo, the focus is on editing the rental application and modifying the application fee. To start, users should navigate to Settings, then Application Settings, and locate the Rental Application section. Each applicant over 18 is required to complete an application, which includes sections for applicant information, rental history, and employment details. Applicants can add extra rental history if needed. The terms and conditions state that any dishonesty may result in termination of the agreement, and permission for background and credit checks is included. Jonah also demonstrates how to add new sections using examples from the website renzi.com, where free rental forms can be found.