So they had to abide by the strict guidelines of Fannie and Freddie so that they could sell the loan after closing.

Recently, the insurance carrier I have been using has decided to drop coverage of parks with Park Owned Homes, the policy I had was strictly liability. 

The AZ house will strictly be a rental property.

I can only speak for PHX as I have seen other parts of the country that're very strict.

The guidelines are strict (which was already mentioned).3.

@Erica Schubach I would say if you have a HOA, it all depends on their regulations, but from what i have seen most HOA in Kansas City area or the cities that are better areas like Lee's sunmit, overland park, they prohibit short term rentals, plus the rules of condo are much more complicated and more strict than single families or townhouses.

. -- You'll keep back maybe 5% of all rents for routine maintenance and another 5% for capX (big expenses like roof or furnace replacement).  

We have posted we have a strict no smoking and no pets policy in our two unit building.

@Ferria CunninghamIt is my understanding these loans have no payments but typically followMuch more strict LTV’s, so they would not allow a borrower to exceed / go over 100% ltv

So I quit my job in 2022 and so for the last year I have been working strictly on my properties.