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In this tutorial, Stephen White discusses essential information landlords need to collect from tenant applicants on rental applications. He emphasizes the importance of using the correct application form based on state-specific regulations, mentioning that certain states, like New York, have restrictions, such as not asking for a person's date of birth. He recommends using the California Realtors Association application in California and notes that applications can also be found on RentPrep.com. Key information to collect includes the applicant's name, date of birth, social security number, and current address, underlining the significance of properly handling information like the social security number.