You want to ensure that your lender is doing their upfront due diligence on the deal, has programs to get the deal done if the final numbers come in different(low DSCR requirements, favorable rent guidelines, etc), and is offering you excellent customer service.

To begin, it's important to familiarize yourself with the requirements of the Section 8 program, conduct thorough research on the local market, and connect with Section 8 offices.

Housing is always a plus and depending on the location the city might be willing to reduce required parking for the location depending on the circumstances, street parking, or walkable public lots. 

Some will accept lower FICO scores than others, some require that you close in an entity, some won't allow first time homebuyers....just some things to keep in mind. 

The attorney's I use have stated that the online sites do not technically supply all the information required in the bill and stated that if the landlord wants they can probably not accept any of the current online sites like Zillow.

What you are referring to is a  DSCR loan which the lending companies do provide, they do require decent down payment and it must have good cash flow.

@Danae Pitcher, my STR requires a different policy through a different insurer, my LTR policies and umbrella won’t cover STR.

The park's rules requires at least 1 member to be 55+ on the application, so it appears that the co-applicant could be under that age.

I would require a signed lease from them as well as a security deposit. 

With residential properties and hard money lenders, they will usually have an option for financing the property's renovations as well.There are a couple of caveats: first, most lenders will require a property down payment.