Bought the first lien note on a auto service repair facility for 30% discount, did a deed in lieu with the tenant/owner/borrower, and a long term lease back providing a 20% annual return 3N3.

The standard is your intent and  how you can demonstrate the intent of the property. 

I don't think it's worth it to me in the long run from past mistakes and I'm going to stick to my standards.

You are subjected to regular section 8 inspections, but as a good landlord you'd want to keep your properties up to standard anyway.

This above is the tiniest snippet of the "golden nuggets" we have developed into our "gold standard" lease.

They just broke ground on Nevada's first vehicle manufacturing facility out there to build and develop the Tesla Semi Truck! 

In my area you dont apply as  "Landlord" once you have a section 8 tennat application they inspect your specific property to make sure it meets there standards. 

So I think you should try and sell it the way it is.I will say after much study and chatting with a dozen lender, no one will lend more than comps show on a working STR vs a standard home.So list the house as a house and then work out a deal on the furnishings etc.

If the rents are equal to that or greater its fits under a standard DSCR 1 to 1 ratio or 1.00%.Example $280K purchase 20% down $224K loan at 6.99% $1,488.77 P&I.

I can get coverage through Texas Windstorm Insurance Association (TWIA), but they would not insure without a new roof that meets their standards.