HOAs can limit your ability to rent the unit too so you'd need to scrutinize the HOA bylaws to see if rentals are allowed or if there are any restrictions on rentals such as owners can only lease their unit for a max of 1 year etc..

You have to remember the reason for the seasoning requirement which is to scrutinize deals that look like mortgage fraud (property bought at one price and sold at a higher price in a short time).

It would bite you in a default situation where the borrower finds a lawyer that scrutinizes your deal and picks you apart for non-compliance.

I’d scrutinize this one if he provides any license info eventually - every legitimate contractor I’ve ever dealt with knows the above *requirement* well.

on my POF, i always black out pretty much everything except the balance...it's not their business the name on my account, or what my other transcations are....maybe things are scrutinized more heavily in crazy cali...

In today’s market of appraisals being scrutinized as much as they are an agent isn’t going be get an overpriced contract through the closing process.

You can get a preapproval from your HML, but expect to be scrutinized more than a buyer with 1) actual cash, or 2) a preapproval from a traditional lender.  

If they decided to scrutinize such a deal, they would look at the facts and circumstances of what is being done and determine if any direct or indirect benefit has occurred.  

I'd rather not post and help folks than get scrutinized and feel threatened. 

By scrutinizing each unit type's vacancy rate, you can identify areas of opportunity.