I have heard of a fair number of college students, particularly freshman who struggle to adjust to college and have to return home for mental health reasons.

Tax savings are amazing and I have utilized cost segs myself, but you also have an opportunity to make an amazing return on your money in the Tampa Bay market. 

I’m specifically asking about eligibility for the higher return rate offered to Stessa Pro members when using Stessa Cash Management.

The terms would be quite lucrative for the cash provider, they would be looking at a 30% return on their $$ in 2 years*

Regarding the HOA and CC&R's, the builder can make changes to the CC&R's pretty easily while the development is under Declarant Control.

Where is the return?

And assuming a 0% return on the $200k you could have in the bank earning $10k/year if you sold. 

You can easily look them up on the NMLS site  https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPAN...

It’s the same thing except it’s done in the name of the IRA and all the money comes out of the IRA and returns go back into the IRA. 

Multi-family properties many times provide a better return per square foot than single family, which would be to your advantage as well.As long as you're mindful of the reinvestment requirements and purchase at least as much as you sold and use all of the proceeds, you shouldn't have any issues with this strategy.