This defines the size of the deal for you.  

Because of the size, I’d look at what apartment complexes are charging as well - it’s not a true comp but it does affect marketability due to the amenities that come with complexes. 

This could result in class action lawsuits where tenants of a building file together and basically wipe out even mid-sized landlords. 

In general, I have found the ones that pay at least a portion of the rent to be more responsible and easier to work with than the ones that are 100% covered by the program.

Also when pricing them, look at the sizes. 

Right now its generally as little as 12.5 bps (1/8 of a percent) at most lenders so not really worth it.Regarding the terms you posted - I ran these through our sizing and they look in the ballpark of market, not much better or worse - with some assumptions, our pricing looks to be 8% flat with zero origination fee/broker fee and $1,000 underwriting for this scenario. 

I've thought about it for a rental property, but it would require an internet connection, conceivably the tenant, in order to provide the feedback from the meter portion. 

A large portion of my property was an unsuable ditch.

Looking for really good referrals for a great builder in the Southwest portion of FL, specifically Port Charlotte.

This will depend on the type of loan, size of the deal, experience, FICO, and property location.