Some of our initial baseline, no-go, criteria when we first listed were: 600+ credit score, no evictions, no bankruptcy, and income 3x rent... however, after finding that very few interested parties were eligible to even "enter a review phase" of landlord verifications etc, we loosened up a bit and went to an objective scoring model that I tweaked from a few ideas obtained after speaking to both rental professionals in my local area and some on this forum. 

Here are the details:**Option A:** - Rate: 6.125% - Credit: $2,300 towards closing costs **Option B:** - Rate: 5.7%   - No credit towards closing costs I'm trying to determine which option is the better deal.

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

You should be in the 4's now with good credit.

I can't see how a partner would hurt how much you qualify for as long as they have an income and better than horrible credit.  

Based off of that:Why Equity stakes may make sense for you- your track record speaks for itself and should incentivize your students by the results that you have proven they can achieve alone.

A mentor of mine with 400 units told me I can use a large seller credit to cover most of the down payment on a property I'm looking at.

Or do you base terms on down and their credit application?

Make sure you have cash reserves for 6 months , steady w2 job if things go south and do not plan unnecessary big ticket items until you stabilizeI have known people start with 40 k and used it to fund flips and work their way up and get Business Line Of Credit for 200 K in 2 years and after that of course it is very easy

Now to figure out how to delete this one...I have been a 10+ year mint.com user and religiously track my expenses.