I think that while it is incumbent upon the landlord to be clear right up front with things like tenant responsibilities, repairs that have merit, etc, etc, we all know things could go very differently once the tenant has taken occupancy.

I simply crossed that entire section out for my prospective tenants but wanted to check with you if there is any merit in asking for it.  

@Ian IppolitoWhile we can probably argue about the merits and/or lack thereof for Bitcoin all day including the libertarian aspects of it, its really more opinion in many cases as well as being an ongoing experiment. 

But what @Bruce Woodruff said has a lot of merit.

I think the only merit to this is if taxes in your area are really high meaning hundreds and hundreds in negative cash flow and a long path to profitability either due to this or rent stagnancy.Since this house is in Arizona, which from all indications is a fairly strong rental growth market, and you could feasibly have the house for nothing into it with a good chunk of cash in the bank to cover the temporary negative cash flow, I would probably just go option 1 assuming the taxes are reasonable.

Interesting idea, I'm sure if there is merit, someone will make it work!

I definitely think those area's have some merit for the buy and hold strategy.   

Although I own all of my STRs, I am the weird bird on this forum that thinks there is some merit to arbitrage for folks that can't afford to buy a place in this market.That said, given that this is a real estate investment forum at heart there are very few people here that arbitrage so you're not likely to find what you're looking for here. 

Lead them to the rental listings and they will qualify with their own merit.

Lol God Bless.Not arguing the merits here but to play devils advocate one reason you have polarizing views and maybe you can see it from this vantage point.For folks that are beginning and think wholesale is how you begin.. they launch into it with very little REAL training.