Pet fees and deposits are collected incase of damages made to the property that are not ordinary wear and tear. 

Obviously, I would live in the smaller unit and collect rent on the 2-3 br unit.How does the FHA look at this in practice? 

Maybe you're not structured to run a collection operation?

They are collecting rent from the sub-tenant but not paying their lease.

So you want to confirm access to all units will be available, before you pay an inspector to go out there.If access to all units won't be available then you should be aggressive about getting a bigger discount for repairs since you'd basically be taking part of it sight-unseen.I'd also recommend making sure you're OK if you aren't able to collect rent in any of the units for 3-4 months.

Pest control as must, monthly quarter or semi-annually your choice.Garbage, who is paying for the collection and bins tenants?

As I understand it you need to be employed for at least 2 years to qualify for an FHA loan.I have been laid off from my job due to the corona virus and I am now collecting unemployment. 

For example, the low credit score may be due to medical collections due to a recent surgery but they're meeting every other financial obligation.You have to know how to investigate every aspect of the renter to determine a whole-person level of risk.

The HELOC product is a really powerful tool and I'm super psyched on it in the right scenarios, but for my personal circumstance right now I think it would make more sense to lock a fixed rate and get off variable.

Too early to tell IMO but if you insist on preliminary data I am happy to share...At our largest facility, we collected $5900 on March 1st and 2nd and $6073 on April 1 and the first half of April 2....so I'd say no change based on that very small sample size.