He's a major hard money lender in town and has a fairly simple process to get quick funding.

How do I not make this fair yet not complicated?

I am fairly new to investing and my wife and I are looking at buying our second property.  

To be fair, I've never actually met anyone who says they've had a note called for this, but it is clearly in the loan docs and is the right of the lender to do so, should they choose.Cheers!

Hi @Tanya Maslach,Here’s a visual workflow chart for managing your first MTR:Lead Vetting (Turbotenant): Screen and manage tenant applications.Acceptance & Move-In Prep (Hospitable): Assign cleaning tasks, manage reminders, and handle cleaner payments.Tenant Communication (Hospitable): Automate all tenant communications, such as move-in details and reminders.Rent Payment (Turbotenant): Track and manage rent payments with reminders.Hope this help's from one integrator to another 😀

The FHA househack strategy is fairly common and pretty straight forward, a lot of people have been using this and/or the conventional househack (myself included) so have been on both sides of the table. 

Also one can protest their property taxes fairly easily.

As long as you treat things with a level of fairness it will work out. 

It was fairly easy to setup and to add properties using the first guide as a template for subsequent guides.  

If you are just starting, I would think on a leveraged purchase, $200 a month in todays market, that is assuming the home is fully renovated and capex items are fairly new.