(b) Except for mortgage loans as defined in G.S. 53-243.01, this Article shall not apply toany party approved as a mortgagee by the Secretary of Housing and Urban Development, theFederal Housing Administration, the Veterans Administration, a National Mortgage Associationor any federal agency; nor to any party currently designated and compensated by a North Carolinalicensed insurance company as its agent to service loans it makes in this State; nor to any insurancecompany registered with and licensed by the North Carolina Insurance Commissioner; nor, withrespect to residential mortgage loans, to any residential mortgage banker or mortgage brokerlicensed pursuant to Article 19A of Chapter 53 of the General Statutes or exempt from licensurepursuant to G.S. 53-243.01(12) and G.S. 53-243.02; nor to any attorney-at-law, public accountant,or dealer registered under the North Carolina Securities Act, acting in the professional capacity forwhich such attorney-at-law, public accountant, or dealer is registered or licensed under the laws ofthe State of North Carolina.

But for you receiving benefits directly in your capacity as a landlord I'm not sure you qualify.

Anybody have issues with septic capacity that is zoned for less BR or total persons than what you rent it out for?

Airbnb is definitely not at capacity write now due to this. 

It has never hurt me in any capacity.

Additionally, can the rental income count towards future borrowing capacity if I set up the first property in a real estate company? 

The hospitality industry has been particularly hard-hit with restrictions on capacity and the likelihood that many will have to go back to take-out only operations or close completely as winter settles in and cases continue to accelerate.

I'd just come out and tell her that you want to do business but feel it's important that she gets a third party involved as you want to avoid the perception that you took advantage of her in some way due to her diminished capacity.

You do not have to take these on in full capacity, take them on with a partner/mentor. 

Furthermore, if asmall family child care provider later obtains a license to become a large family child care provider,he/she is not required to ask for permission from the landlord to increase capacity to care for 12children.However, written consent by a landlord is required when tenants who are licensed to operate: a) a small family child care home decide to care for more than 6 children (and up to 8 children); OR b) a large family child care home decides to care for more than 12 children (and up to 14 children).