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

They're safer, easier to use, and require less maintenance than wood-burning fireplaces. 

A STR is a completely different animal in my opinion, in that it requires more work and much more compromise, but financially is worth the effort. 

thanks for the guidance @Kaushik Sarkar Since it's development it will take longer to get to the exit. 3 years could be right depending on the market, if the project requires entitlements, how long it takes for permits, no major utility obstacles, etc.

I think in this environment lenders are changing requirements, guidelines, and product availability daily.

  (2) Variable cost: platform fees from Airbnb and VRBO, lodging/hotel/transit or whatever pass-through tax your local AHJ requires, cleaning fee, cost of replacement for consumables, repair and maintenance, etc. 

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

It's definitely possible to get a loan as a foreigner but the rates will be high(er) and the downpayment required will be as well.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

The PM business is not an easy business and most have fair fees for the work that's required.