My brief understanding of the licensing laws regarding debt collection in a couple states is that not being licensed could prevent you from enforcing the debt, but I'm not an expert here.

It looks like the process in Miami-Dade County (MDC) is quite different, with apparently judicial foreclosures being the predominant method for power of sale enforcement.

Then once you do get the Writ or order, the Sheriff is way behind on enforcing them.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

As far as supply and demand, once many of the rentals shut down (if the county actually enforces the bill) then yes there would be more demand for all STRs.

Not all Section 8 tenants live in fear of losing their voucher; many are professional tenants and know it takes a diligent caseworker to enforce any action.

Proper identification of tenants isalso needed if you want any chance of having local code enforcement write tickets against the tenant and not the owner.5.

I have heard that if you transfer to an LLC you could lose your title insurance that was issued in your name.Then of course there is a remote chance they enforce the due on sale clause.

They are serviced with a note/contract servicer which holds the original docs, receives and dispurses pmts, does the tax reporting and enforces the terms like late fees, early payoff penalties,  interest-only end dates, etc. 

I only look to unconditionally enforce my early termination fee with an eviction otherwise I will negotiate with the tenant.