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

For example, if your renters are making noise that any neighbor considers to be a "disturbance" (literally that's the word they use in the bill), the police will be called and if there are 3 verified disturbances, you will loose your ability to rent the STR for 2 years. 

On a fix and flip, once we have your experience verified, then we are relying on the appraisal to come back at the investor’s anticipated after repair value to ensure maximum leverage can be offered.

My broker, a person who I trust as very knowledgeable has told me that rental arbitrage is against Air BNB rules which is something I have not yet run across and am unable to verify.

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

If they decide to not do a 1031 exchange they'll want to make sure to verify with they accountant how many of the passive losses they'll be able to offset against the depreciation recapture.  

@Anirudh Reddy you should NOT depend onthe cops to remove homeless people and squatters unless you verify the local laws and what the police will actually do.HOW are they getting access to the building?

Our general system is run the initial payout reports, verify all reservations from our reservations sheet, verify owner charges, fix any issues, issue final payout to owners.We only use 1 trust account and 1 operating account, with the same bank. 

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

Work with a licensed GC (if this is your first fixer) If you have verifiable rehabs in the past 36 months that you have closed on you can rehab it yourself as long as its not a heavy rehab. 2.