The local HA needs to pay close to market rate otherwise, you wouldn't take the tenants. so they have some latitude on voucher amounts.IF you buy  a property with an income restriction, you'll need to go thru compliance paperwork to ensure that the tenant meets income (eg in my county, avg income = $60K for 2 people). 

Anyone who is self-employed will need to provide an updated profit and loose to make sure the business is still profitable especially if it’s not an essential business.

It was build the year before and was essentially new.

It was build the year before and was essentially new.

Some will be fine with that, others will see it as you being essentially 100% leveraged and not be fine.

I have read that I can file trespassing paperwork for the individual in the trailer.

They also further prevented short term rental owners from cutting their losses and expanded their definition of short term rentals to include anything under 6 months (previously is was 30 days).STRs were ordered shut down and are prohibited from renting to locals, staycations, essential employees, health care workers, and intra island renters.

How is it that if I want to start a RE fund, I need to jump through hoops and file all kinds of paperwork with various government agencies.

We sent out a letter proactively letting all our tenants know that if they needed any essentials or were going through tough times to contact us and we will help figure it out.  

Working with the right turnkey team that aligns with your goals is essential to being successful.