Credit Score:For 10% down, lenders usually expect a credit score of at least 720 or higher.

They have credit scores of 760 and 670 and just moved to the US two years ago.

Build a strong financial foundation by aiming for a credit score of 700+ and saving for down payments, closing costs, and an emergency fund.

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

Seems pretty standard, VA isn't as tied to credit scores as conventional would be. 

: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.

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

What credit score do you think tenants qualifying for government assistance will have?

We use mysmartmove (by transunion) for credit score and financial and criminal details, then compare that with the information provided on the application form to look for inconsistencies.

As well as Sellers simply are not informed of the risk of devastating impacts to their credit scores and what equity they may have had in the property if the transaction fails.For a well capitalized Investor and or company and a fully informed seller these can be structured as you note with a Wrap that keeps the seller with  some control or ability to get the property back.