Many DSCR programs require an investor to have a mortgage history- there are some DSCR mortgage programs that will work with investors who are renting- some refer to them as first time home buyers (FTHBs)- DSCR loans are only for investment properties where the owner isn't living there. 

Verifying last 2 years of rental history very important!

Verifying last 2 years of rental history very important!

We are only allowed to screen non-tenant applicants for criminal and rental history, nothing financially related. 

The others are just pre-screened, not a full application so it's a bit harder to say "you don't meet criteria" because I don't actually have a verified income, credit history or background check - just what they've said in the prescreening questionnaire. 

There are many scammers out there, with histories (criminal and financial) that they are not proud of, trying to raise money.

, and lease history to name a few.Don't be lulled into complacency by seller financing either.

First he had done over 30 deals and had a history.  

This could help secure a higher LTV while you build STR rental history.

Sometimes it's nice to get a new lease so that you can increase the rent right off the bat, but having tenants with a solid payment history is worth so much more to me.