Sorry to be late to this post but if you are seeking section 8 tenants make sure to comply with section 8 regulations when doing your screening and when drafting your lease.The same is largely true for Veterans Affairs Supportive Housing (VASH or HUD-VASH).

This is easy stuff, but definitely make sure you at least ask your attorney and they’re familiar with this.Not complying with this is puts your loan under a much more massively regulated set of laws.

A written agreement that complies with federal, state, and local law4.

Failure to comply can result in a $12,000 fine (and they do enforce the rules, which are easy to enforce seeing as short term rentals are almost always advertised on a handful of websites that anyone can see including code enforcement agents).

I have complied with their inspection process to get tenants in, one required me to fix a neighbors fence that wasn't on our property but was leaning into our property just to give an example of what they can come up with.   

I can just see a judge saying "its not the tenants fault the property owner didn't comply with section 8". 

Here I'd give them a list to correct in a 10 day notice to comply if they are in a lease, but each state is different.

The allocations must comply with the substantial economic effect (SEE) safe harbor rules or produce equivalent results to such compliance. 

Unless you're managing your own properties, you may also want to consider partnering with a Real Estate Broker (unless you have your brokers license) to comply with legal requirements.

The harder and riskier it is to comply with landlord regulations will probably mean fewer owner/operators (especially part time folks).