It's a completely passive way to invest and I read a few days ago an article demonstrating that you'd make higher returns while taking less risks compared with the average investment in rentals that you could do directly.

As an aside...getting them to waive or demonstrate that you don't have any HOA fues currently due will not help you qualify for the refi any more than you already do.

Even though there may be some conventional financing available, realize that many lower middle and lower income people cannot qualify for a conventional loan in doing a creative seller back note will solve their problem and provide you cash flow.As long as you qualified your buyers and they have demonstrable steady income, I see no problem in being able to resell seasoned paper.

It just depends on your intent and how you can demonstrate it.

@Ely Lenik  Does she have an actual court order for child support that she can demonstrate through bank deposits that the father is making his required payments on?  

How can a LLC that never filed tax returns demonstrate it has income or reliable credit?

IF you do use the VA loan and demonstrate intent to move in, that might work but in most cases, lender is going to classify as a investment property and want income to verify.Florida is a great place for STR and I've heard good things about the Smokey mountains.

There is plenty of case law that demonstrates how local government can restrict business activity (such as running an STR) in residentially zoned areas.

I really appreciate how @Joe Fairless honestly and openly shares his systems and how they have worked for him (as his multifamily success demonstrates!)

The fact that the bullet traveled from front to back also demonstrates it was from the outside.When a mother discovers two bullet holes, doesn't review the camera footage, doesn't call the police, and acts like it's not a big deal, then I would be concerned.