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Stephen White discusses the essential information landlords need to collect from tenant applicants. He emphasizes the importance of using the correct rental application, noting that specific states have unique rules—like New York, where asking for a date of birth is prohibited, and California, which recommends using the California Realtors Association application. Landlords can find suitable applications on RentPrep.com. Key information to gather includes the applicant's name, date of birth, social security number, and current address. White stresses the necessity of adhering to state regulations when collecting this information.