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

I am not familiar with Los Angeles STR laws or history, but I am familiar with San Diego STR history and see some similarities.In San Diego STRs have been allowed for many years. 

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

There are plenty of traditional lenders out there who will use Schedule C and Schedule E income, although most will want to see 2-3 years history.

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

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

But I am not sure how the financing works for an LLC especially with a short term rental and no credit history?

The great 2014 flood that hit our property among thousands of others in the south eastern Michigan area and our insurance didn't cover it.

History.—s

Your numbers seem pretty conservative, which is a good thing: you're counting management at 10% and maintenance at 10%, which is a bit of overkill because some things are counted in there twice.You and I just spoke on the phone, but I'll put it here for others' benefit as well: the best way to tell a vacancy rate is to go by the building's history, in my opinion.