The issue is legally be allowed to raise rents and getting around what the city believes is fair market rents.

So most likely, and please check me on this, I believe they will pay for the tenants rent for a year or so, but then, the tenant will have to get a job or go through a different government subsides program.

I have doubts about his experience in RE, which I believe may be common among CFP. 

Then, if you believe he made a mistake, come back here for a second opinion.Just one comment: you cannot carry anything back.

I can give you dozens of examples of owners who believed they could care for their property better than a stranger.

Believe it or not I'm a Marketing Strategist.     

After one year, I believe you can then rinse and repeat if you want to go that route. 

The lender seems to believe that the only rent by the room strategy that exists is renting rooms to college students and his quote to me was "more people, more leases, more problems".What do I know?? 

This is where I believe I can come in.

Do you believe self-showings, where there is little to no human contact, (to build value in your unit or the PM company), until a tenant has paid an application fee, a race to the bottom on your rent rate?