Verifying last 2 years of rental history very important!

Nicci Coffie: If you suspect an unauthorized occupant, you need to inspect and verify.

There are even members that will respond here that have ulterior motives, so you shouldn't trust them.Go through the content available here on BP and then start looking for a Property Management Company you can build a relationship with - but, still verify & validate what they do as no one is perfect and even an honest mistake can cost thousands.Some agents may post here to start with them, but 95%+ of agents don't know how to properly identify a rental property to buy.

@Peggy GarnaatI stand corrected, I was able to verify that you purchased a property with JWB a little over 2 years ago.In my opinion you overpaid for the property but if you are making money and happy with your investment - I am happy for you.I was able to verify that Pam also purchased a property with JWBI was not able to verify that Michael, Ginny, Linor or David purchased properties with JWB.

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

Verifying last 2 years of rental history very important!

The best I can offer is to tell you to verify that income carefully, and as @Brent Paul said, make sure that income is not about to be interrupted.Sometimes with CC debt, you do run across reasonably smart, stable, functional people with that much.

False.When an entity or a human has capital gains you owe Uncle Sam.How will you vet and continue during the years of ownership to verify who is an American and what percent the mix?

Having good credit and verifiable income to support debt to income ratios is what is needed for eligibility. 

A prudent step for sellers prior to listing would be to verify with their lender whether the mortgage note is assumable (transferrable) to a new party.