In my opinion the best scenario for you would be as follows:1)  5 yr lease with a 3% rent increase every year on the year anniversary.2) Require proof of ability to fund the build out project. ( Letter from Bank, lender )Require a one month rent or more security deposit at lease signing. 3 ) You should have building insurance ( build out/ construction insurance ) started at lease signing.

@Lucas Carl is the king of managing STRs from an iPhone. 

That will be the 2 year anniversary of the last rent increase. 

Funds show up in our business account 1 day later.We factor their fees into the rents when we market our vacant properties.They have a Web portal as well as smartphone apps for iPhone and Android devices.We also require tenants submit all repair requests via their app or website.While it may sound like it, I am not an employee of theirs, nor do I receive any compensation for making a referral.

It's an iPhone app and super easy to use.

Do a 3d tour of the property with your iphone.

If they can only swing $600 right now, OK, but we better have a payment plan set up to cover the remaining $400.I bet a lot of the people saying they can't pay rent right now are going to be paying their cable TV and iPhone bills as they know those services will get turned off by the provider.

I'm seeing comments on facebook from people saying they are going to go out and buy the newest Iphone with the money, put it towards a new car etc...if it happens.

.~ I completed the streamlined version on an iMac, but it may potentially be easy to do on an iPhone.~ This form says they will contact me by email if necessary, rather than phone.~ They asked for much much less information.

It's almost my 1 year anniversary.