RENT CONTROL - Every area of the country with rent control has problems with affordable housing for a variety of reasons. 

They'd be able to give a lot more personalized advice versus what you might find on public forums such as these.That being said, there's a variety of strategies you might be able to employ.

Gabe, I would contact an experienced investment loan broker who can help you compare terms across a wide variety of vetted lenders and their platforms. 

What you have described is a garden variety land contract with a two year balloon.

A wide variety of ways to structure an STR property.

I stopped taking Section 8 for a variety of reasons.

in addition, smokers will say they will smoke outside but for a variety of reasons (bad weather, everyone else is inside, it is more comfortable inside, etc) end up smoking inside.  

Aloha,Over the years I have worked with a pretty wide variety of Owners, large and small.

But if you have issues qualifying, the property is an investment, or you can't seem to get a hold of a bank rep, you may want to contact a broker with a variety of options. 

You can read up on "Disparate Impact" Theory on a variety of landlord resource websites, including government agencies.