Establish a credit profile, credit score, and opportunity to apply for advanced credit/ OPM "other peoples’ money" to leverage for even more deals"So, really, you're paying $1K more to going Pace's Training because it already includes Prime's Corporate Credit Coaching.

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

I have also have saved almost $50K so far to take a start in this game and also my personal credit score is above 750.I'd like someone to guide me purchasing my first property and want to kickstart with a small property first.

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

I was probably a family member, who doesn't need a good credit score.

Just be sure it’s documented and consistently applied to avoid any Fair Housing pitfalls.Another option is to stick with strictly quantifiable criteria—credit score, income ratio, etc.

So far mostly people are telling me I'm probably stuck until their lease is over. meanwhile I also need to pay down my debt and improve credit score. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If you are going for college students you will most likely also have their parents co-signing for them since most of the students will probably have next to no credit score or income. 

Why set a 600 credit score if it's negotiable?