This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.

What types of criminal history will you allow vs not? 

As a park owner I will not allow you to own and sublet.

Some will do short term loans that allow us to buy, rehab then refi.

So it's probably an expensive job IF I'm even allowed to do it.I'm house hacking this property by living in this basement and renting the upper rooms so I can prolong the decision for a year.

At one of our areas of mixed use, no residential is allowed on the first floor. 

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

(The City of Seattle allows this. 

They no longer allow you to just "sign up." 

This will allow you give a reference point on how much potential rent you can receive.