Most grant recipients are a complete sham.

Sec 8 voucher recipients) is a pretty well known State specific protection.

But how they do it is less important than whether they do it....unless you are a recipient. 

My question for you is what would happen if the recipient of the capital defaults?

The laws are the laws and those laws are supposed to protect employees rights for benefits for health insurance, retirement, injuries, retirement and to pay into our great government's socialist system where we freely contribute to the unfortunate homeless, welfare recipients and pay for tens of millions of Section 8 rents.

The reason behind that is the recipient will get a single mail piece instead of multiple and they may call saying "hey I got your postcard referring to my property at ___, but would you be interested in my other properties as well/instead?"

The rule of thumb is to be happy with 1% of the recipients getting in touch with you/

And although I've given out money and things of monetary value, I've observed with extreme accuracy that contributions of knowledge and experience have benefitted their recipients far more than contributions of monetary value.

Pleasantly surprised but expecting that worst is yet to come. 50% of my rental portfolio is section 8 and most of those section 8 recipients I have are individuals who need the assistance of a caseworker, don't have cellphones and are not tech savvy and I will say the the extra work I do with these tenants is most definitely worth it. 

Zelle and Paypal will 1099 the receiver for you automatically.This is incorrect.You're required to issue 1099s for Zelle payments, because Zelle is not a "third-party settlement organization" and does not issue 1099s.Venmo, PayPal and CashApp issue 1099s ONLY IF you pay using their "business" option, for which they charge recipients (your contractor, in this case) a fee, similar to credit card companies.