Two of the common areas of concern for HELOCs I see out there is the 10 year maturity date and the adjustable rate.

You would also include TV, internet, landscaping, or other expenses.Yes, you would collect the entire month up front.

When living in Los Angeles I remember I went on a few dates with this woman and she asked me to text her my photo I.D. because she wanted to see what the Pennsylvania driver's license looked like.

Whatever you decide to use, be sure it is up to date and includes guidance for local municipal laws as well. 

Sell it as “all inclusive” so including electric cable water and internet.

Footage should only be brought into question over incidence, and not used as false leverage to question on comings and goings, who is brought in (such as dates) etc. as this would fall into harassment and a breach of lease as it pertains to the quiet  enjoyment and the very principal of their equitable interest as a leaseholder. 

Two of the common areas of concern for HELOCs I see out there is the 10 year maturity date and the adjustable rate.

A bunch of strangers on the internet can't do the thinking required to figure out the opportunity cost for him. 

Deliberately have a few challenges in your screening process - it will weed out "entitlement mentality" problems4) Allow payment plans, but create system to track when payments due, so they don't keep falling further behind You will need to call them on due dates or they will fall further behind Be prepared to give a strong NO when asked if you will change rent due dates to "make it easier" for tenants to pay rent based upon their SSI or paycheck dates.

Up date all your faucets (plumbing) and maybe the supply lines and values.