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In this tutorial, Stephen White discusses the essential information landlords need to collect from tenant applicants. He emphasizes the importance of using the correct rental application according to state regulations, noting that some states, like New York, have specific rules, such as prohibiting the collection of date of birth. In California, it's recommended to use the California Realtors Association application. Stephen advises gathering key information, including the applicant's name, date of birth, social security number, and current address. He stresses the significance of ensuring compliance with state laws when managing rental applications.