Look for any clauses about rental caps, short-term rentals, or owner-occupancy requirements.

@Jon Martin  I agree and in short term its just not worth what you will get in reviews for something like this. 

And about a week later I get the notice from the bank that the Alienation of title clause in the debt instrument is being invoked and I had a short window to pay it off or they were going to foreclose..

This allows us to have a 50% LTV in just a couple short years. 

Short Answer is yes, via interest tracing rules. 

There are multiple ways to invest in RE: single family, multi-family,  long term rentals, mid-term rentals, short-term rentals, rent by the room, commercial, co-ownership, syndications (I personally won't do syndications) etc. 

I'll keep this short and simple.

Short Term: No, not happening. 

Welcome to BP and come on over to the Short Term Rental part of the forums.  

Which reminds me that I should mention that I’m not opposed to living a not-so-luxurious lifestyle in the short run.