What information is crucial for a buyer to verify the rent schedule of an apartment building?

The amount of rent each tenant pays is crucial for a buyer to verify the rent schedule of an apartment building because it directly reflects the building's income potential. Understanding the specific rent each tenant is responsible for helps to assess whether the property is generating expected revenue and aligns with market rates. This information is essential for financial analysis, projected cash flow, and overall investment viability.

Additionally, knowing the rent amounts allows buyers to identify any disparities or opportunities for rent adjustments, as well as gauge the stability of the income stream based on tenant profiles. It provides a clear picture of the property's current financial performance and aids in making informed investment decisions. Other factors such as the age of the building, lease length, and insurance costs, while relevant to the property's overall condition and expenses, do not specifically correlate with the immediate verification of rental income from the existing tenants. Thus, the amount of rent is the most direct indicator of the building’s profitability.