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Updated about 2 years ago,
FHA loan short term rental after 1 year of primary occupancy
My family and I are considering relocating to a different state for work. We bought a house almost a year ago with a FHA loan. From my understanding I can rent it out after the first year is up. But the legality of short term rental is what Im confused about. I'd prefer to Airbnb it rather then a long term rental, to maximize profits and get my rental portfolio started.
So what are the options? What are the FHA rules when it comes to short term rentals. Any suggestions and advice is welcome.