One small thing to add: while HUD Form 52641 does spell out the landlord’s right to late payment penalties, it’s still a good idea to include your late fee terms in your lease.

I believe I am more of a long term hold guy but depending on the deal short term holds also interest me.Looking forward to connecting with other like minded people.

@Nina Diehl For long-term rentals, we never recommend leaving a gas grill for tenant use.

Recently met the owners of a unit up there who rent short term all but 3 weeks out of the year when they stay there. 

Under federal guidelines, specifically HUD Form 52641—the Housing Assistance Payments Contract—landlords have the right to collect late penalties from the public housing authority (PHA) if the initial HAP is not paid within a timely manner.Let’s break it down: once a Request for Tenancy Approval (RFTA/RTA) has been submitted, the unit has passed inspection, and the contract is executed, then the tenancy officially begins.

Tenant & Community Management:-How do you deal with difficult or short-term tenants?

That's great for landlords as they get long term tenants. 

We are open to all investment type (long-term, short-term, mid-term rentals).

It is an R2 zoned (upper,lower) duplex and I live in one of the units and rent the other as a short term rental. 

The difference between selling an STR and another kind of business is how they are typically financed.My short-term rental investors in Colorado are using a mortgage.