Not only do some landlords allow their personal and political ideology to be in the mix, but many do not understand how to manage this population.

Long-term planning allows for steady growth, compounding returns, and the flexibility to adapt to economic and societal changes.

I'm kinda surprised more people aren't talking about it because it's a fairly transformative law, allowing investors to create ADUs as well.

As an owner you're allowed to manage your own properties.  

-Creates a solid foundation for passive income, allowing you to reinvest future cash flow into other opportunities without as much financial risk.Cons:-Ties up a large amount of capital that could potentially be used to generate higher returns elsewhere (like another STR or other investments).

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

You just have to know the area  the soils and or get owners permission to do a test if they will allow it ( pretty rare i suspect to be able to do that)..

Simplify the structure as much as possible, have clear roles and responsibilities that are not overlapping (meaning only one person is allowed to make certain decisions) and a clearly defined exit plan.

Others would take that 2/2 and rent out each bedroom to undergraduates, or rent to one and allow sublets. 

more votes for politicians even trumpCongress might allow tenants some sort of forgiveness or a long term payoff.