Bankruptcies = noneForeclosures = noneCredit score = 700+DSC = 1.20+Liquidity = 9-12 months of all debt service coverageNet worth >= loan amountExperience = in the asset class that you are purchasingThese will vary by lender, borrower and property.

Anywhere you could check to see if the owner is in Bankruptcy.

She said they usually want you to have a pretty good credit score, she has seen a person without credit history get approved at the low 600's but they immediately reject anyone with bankruptcies, or serious dings in their credit.Anyway I just wanted to share this information, because a year ago when I was buying my first rental property I was in quite a pickle, until a biggerpockets member mentioned Trustco.

PR is near bankruptcy and it would be devastating similar to Detroit.I would wait until the dust settles, but when it's clear what the future will be (haha) for PR, buyers will get access to great deals, while IMO, sellers will suffer.

So can bankruptcy courts. 

Make them feel like your rental is worth the visit and worth the market price your asking.Yes mention when they call that it's XXX occupancy for this size apartment, the rent amount, you require 3 times the rent, you screen all applicants over age of 18 for criminal, No felonies within the past >>>>years, No bankruptcies,... and at least one person has to be over 21 that's on the lease..

Moreover, it may motivate an applicant to be truthful about, for example, a medical collection, a bankruptcy, or a foreclosure that has caused their credit score to take a nosedive.  

MACK companies did it, was raided by the FBI and filed bankruptcy because of it. 

Dawn Quinn how long ago was the bankruptcy?

Credit score is not used to measure a applicants ability to pay rent it is a indicator of the percentage possibility of a applicant failing to  paying their rent due to defaulting on a debt, bankruptcy or falling 90 days past due within 2 years.