Something I would recommend for you is this website. https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

I have a 800+ credit score and a one year lease in place that is 1.00 of the PITI.  

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Going back and looking at the credit scores of the borrow on some of my investment I personally wouldn't let them rent property from me.

It may slightly negatively effect you credit score

His credit score is 620.

I'm concerned about the impact that filing a claim would have on my insurance score and premiums for this property and other rentals.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

I invest in mid to upper-income areas where good credit scores and high earners aren't hard to find.