When asked on the daily calls about HOAs restrictions for airbnb usage, the very young host, maybe 21 yo, if that, stated 'yeah, look out for that but it shouldn't be a problem...¿??

After the first year you are released from any restrictions.

@Daniel Purcell with City of New Orleans being so restrictive, is there a neighboring City that seems to have less of an issue with STRs and is still fairly accessible to all the things visitors are interested in?

@Scott TrenchFreddie Mac just announced that as of July 28th they will be doing away with the no income limit restricted area's for Home Possible, which allowed for house hacking up to 4 units with only 5% down.

HOA restrictions..And just about any other possible underwriting scenario nobody thought of. 

If you use a HELOC, I would think about a BRRRR-ish strategy (No perfect BRRRR exists right now unless you go full off-market door knocking/postcard campaign/etc) to where you can refinance and get some of that money back, so you don't have $25k chunks of money at a 9-10% interest rate floating out there indefinitely.

With the results of Beryl being tallied you can bet that some of the companies will be tightening restrictions and some may stop writing.  

There are some restrictions on maximum combined loan to values and occupancy type for secondary and third lien positions that will need to meet lender guidelines. 

@Robert EllisAsk your property manager to get feed back following showings.Do you have any restrictions for tenants like pets?

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