First, keep in mind that some lenders might let you use more than 75% of the rental income, especially if you have a solid rental history or property management in place.

Banks often have very rigid requirements, such as high credit scores and a detailed financial history as well as lots of paperwork.Private Money Lenders: Faster and more flexible.

All you need is a single place to track tenant information, payment history, maintenance, and a few other things.

After nearly 3 years of operating history, I'm concerned that the properties are not performing well enough to warrant continuation of the venture, and I'm considering selling.

So much so, that according to AirDNA data there are 4000+ properties on airbnb / vrbo in this destination, though the property that I am evaluating has been used as a primary residence and has no rental history.

If history is any guide, it won't happen and it is in nobody's interest (including the cartels).

You only need a place to track tenant information, payment history, maintenance, etc.

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!

Factors you should be looking for are: Job growth, population growth, low unemployment rates, increasing demand for housing, housing price history, and rent cost history.