I think it's generally a better idea to not list the specific criteria and just state that the applicant's credit, criminal, and eviction history will be verified.  

I'm hoping investors more experienced than myself may be able to steer me in a more productive direction:Objective: owner occupy a single family for live-in rehab/flip for approx. one year then sell or refi.Approx. price of single family: $150k - $200KAnticipated down payment: 5%Income/work history: $22,500/yr.

Floor tile has a history going back at least 5000 years!

As well as websites and forums and a long-term history in long-term rentals.

Great renting history for 10 years, a discharged bankrupt from 3 years ago, credit scores of 770, income 6.5 times the rent.

There are still lots of buyers out there right now purchasing and obviously each market varies, but the market has a long history of being a tourist destination and the investor is providing a quality product to the renter, in our market they are still seeing great returns.   

DSCR lenders don't require that the LLCs have any history and even FAVOR them right now in many cases with better pricing (over individual borrowers). 

Also, you can research the company and individual on FINRA's BrokerCheck online function for disclosures and history.

If you personally guarantee loans then your global cash flow and credit history are dominant factors that lenders look at when they price your debt.

But the bid history on it was crazy (that was back when you could see all the bids placed on the house). :-)