From wikipedia on ORDINARY INCOME vs CAPITAL GAINS:Under the United States Internal Revenue Code, the type of income is defined by its character.

Ann Watkins you have the perfect mindset for successful short term rental marketing :) It's all about what you can do with the character of the property.

no cause it is poor character and with that follows bad rental.

As well as the benefits for meeting the prospective tenants in person to assess their character.

{Note:  It took me way too long to figure out how to input those characters on my keyboard - I had to fire-up my old APL interpreter}

nope, cuz 99% buyers/tenants are NOT interested in stopping to smell the roses or whatever. they're more into video games, place to shoot hoops, park cars, etc these days, only. does it add upscale class character and chi though?

On the other hand, I have a rule that I do not allow people to move in if they fail the character portion of my screening process (evictions, L-T filings of any kind, disqualifying issues on their background check, recent credit history that implies extremely poor fiscal responsibility, etc.)

Their strength of character and how they will perform as a tenant is not tied to whether or not they receive Section 8 support. 

All types of credit are important in painting the picture of the character of an applicant for credit, it shows the financial sophistication of an applicant, their ability to pay as agreed, but poor credit in one area doesn't mean there is a much higher risk in all areas, the risk may be higher than one with great credit, but it is not at a point that disqualifies an applicant from all types of credit.For consumer loans, the better applicant might well be someone who just had a bankruptcy, the reason is that they may not take bankruptcy again for 7 years, that eliminates the risk of a borrower dodging the payment by taking bankruptcy.

As I recall, this is what Michael Keaton's character did at the beginning of Pacific Heights.