Every now an then, you get folks who maliciously damage stuff when being evicted (note:  this can be mitigated through good tenant screening*)  When you just own the lot/land, there is less "Stuff" to break.  

Wouldn't you guys stay a thousand miles away from this kind of arrangement in order to protect yourselves from litigation or being a labeled a bad actor by the SEC?

There are plenty of bad actors in the Turnkey space and plenty of companies using the term to advertise their own 'spin" on turnkey investing. 

@Tim West no disrespect but wholesaling is NOT a profession.. its simply the wild west with all sorts of actors .. from really bad to nice and good.

I think setting a usage limit and charging for overage would be the simplest way to go, if nothing more than acting as a safety feature against carless or malicious overuse (I had a tenant once who threatened to let the faucet run 24/7).  

They would only assess a penalty if they think you are being malicious. 

Federally assisted housing projects if the mortgage is insured under section 221(d)(3) or 236 of the National Housing Act or housing financed or assisted by direct loan or tax abatement under similar provisions of state or local laws.

They also plan to in some way give a precedence to "good actors" meaning the current STR owners that have been doing the things they are expected to do (minimize neighbor complaints, pay fees/taxes, etc.). 

Additionally, they're not on the hook for the loan balance in case the loan is recourse or turns recourse in case of bad actor. 

and then the ever-helpful bureaucrat declares "This is a college student and we did not bless this property to be inhabited by college students so you cannot rent to them"I find college students to be as annoying as the next guy, but this seems to either be a violation of the Fair Housing Act or pretty darn close to a violation.And what do they consider to be a college student?