My question - If doing a mid-term rental in Davidson County, do you still have to go through the STR permitting process, or is it a completely different application & permit? 

Notice of the time of hearing on the application shall be given to the surviving spouse and heirs, if the decedent died intestate, and to the surviving spouse and devisees or legatees having an interest in the contract, if the decedent died testate.

However I've come across a few very good applicants who have great credit, little debt, and solid jobs. 

Typically 6 months of reserves are needed (meaning 6 months of mortgage, property taxes and insurance (and HOA if applicable)).

And in selling the notes, they frequently rely solely on the information the company gives them – which later proves to be false or misleading.COMMENT: This is not really applicable to note investors.Investors purchase the promissory notes, enticed by the promise of a high, fixed-rate return – up to fifteen or twenty percent – with a very low level of risk.

That’s definitely the ideal scenario that I was concocting in my head to convince myself to give them a shot, but without them showing much interest in submitting a more formal application I opted to deny the request.

Marcus,If you want more exposure you can list it on the MLS, and you will have to pay a fee to the agent that brings you the tenant then you will have to do a credit check and background check yourself for each applicant however for my clients I prefer to list it on Zillow rentals only, because I can manage the applications directly from there and the prospective tenant only pays $35 application fee once and can apply for different properties with the same application fee.

I have already put the property up for lease but have had no applications turned in, only phone calls and text messages about the property. 

@Sunghee Shin we handle over 100 S8 rentals in Metro Detroit area.The main problems with S8:1) Tenants not paying their portion of rent and utilities2) Tenants damaging the homeBoth can be decently mitigated by properly screening S8 applicants.

I have a rental applicant who has tax ID but no SSN.