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In this video, Stephen White discusses essential information landlords should collect from tenant applicants. He emphasizes using the correct rental application according to state regulations, noting that some states like New York have specific rules (e.g., not allowing questions about date of birth). In California, he recommends the California Realtors Association application. Landlords can find application resources on RentPrep.com. Key information to gather includes the applicant's name, date of birth, social security number, and current address, highlighting the importance of obtaining a social security number for background checks.