2 years of employment history.

(wife and 2 year old daughter)Hope this helps :) 

We would just need to verify you have credit history here in the US, and an ITIN letter. 

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

Screening college kids is tricky, they don't have any credit history, and I'm not going to call their RA (if they're straight out of the dorms or their parents house).

It 100% depends on your goals.not to be facetious, but if you are asking because to watched a YouTube video, the answer is I would not get into STRsif the purpose is you have long term goals of investing in real estate, you enjoy hosting, and you want a place near your daughters college for when you visit, the answer might be that it’s great.it’s a mature market now.

What you can do is request rental history & applications so you can review it yourself to find out as much information as possible in terms of their payment history. 

The NOI from your last 2 years of operating history will be looked at in comparison to the commercial appraisal.

Be prepared to show why you chose the applicant you did and prove it was based on objective criteria like income, credit score, rental history, or whatever.

I try not to mix friends/family and business, history usually proves it doesn't work out.