I've had one recent multifamily deal in Florida exit with a 32% IRR and one hotel deal in Atlanta refinance and return 110% of the original invested capital through dividends and the refinance and the hotel continues to make regular 16% distributions.  

I also am in the industry already so I have a few regular networking groups and events that I attend.

You should treat it as a luxury package rather than regular STR. 

We regularly have people apply with fake SSNs.  

They do a good job of regularly releasing episodes and they frequently talk about starting out with their initial capital pool and growing their business. 

Regular and transparent chitchats are the way to go.

.- If they are more reasonable you may want to accept if for now, but let them know you'd be doing regular increases to get the rent more inline with market rent.Too many newbies here will tell you to get market rent or get rid of the tenant.

It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.

Pretty much any regular bank / lender is going to require themselves to be in first position on all the properties... so I don't think a HELOC type solution is going to work across multiple properties with multiple lenders.  

It seems that to be on Section 8 you need to look for a job on a regular basis.