The property will need to have a slight rehab to get it up to STR standards, but when complete it should easily be a $200k Gross booking revenue property.

if a property I buy and bring up to rent ready standards then starts cash flowing..." - it's not going to. 

They still all use standard HUD forms though l imagine.I'm curious is it federal,state or county legislation that creates changes between HAs?

These are non-standard setups.

I didn't know there was a different type of insurance that I needed.I had bought the home with a standard mortgage and standard insurance and then I decided later that I would flip it. 

If you can't perform to the new standard were setting, I strongly suggest stepping back and hiring one of us who are setting this new standard. 

A person who has spent his 2000 to 4000 minimum CPA practice hours doing foreign currency conversions at Deloitte for a Belgian energy company may not know the first thing about real estate or anything else.

They are not a realtor and up to the standards of a realtor.

I know property managers in every state who use non-refundable application fees and it is the standard for every class of property and applicant.

He has a book and good, practical advice.2.