Institutional private lenders operate on a larger scale with more structure and formality, offering quick and flexible funding but within a regulated framework.

Not only do you risk Dodd-Frank attaching, but this could very easily be considered a consumer finance transaction (like a personal loan) - so TILA/RESPA/Reg Z as well as whatever state regulations will attach.

Keep your budget in mind for quality improvements, check local regulations and manage pricing.

Lease should also state that the tenant be in compliant with HOA rules and be provided that document as well to have on hand of the HOA bylaws, rules and regulations, so that if they do have an HOA violation, they be charged that fee and correct the violation [when it's their fault].

Hi @Mathew FullerFort Collins has historically been a challenging market for house hacking due to the stringent YOU+2 occupancy regulations.

If you’re serious about a STR you should start researching markets, understanding local regulations that may apply and then looking at properties and running the numbers.

Just to 'let it out' I find him hateful and contemptuous of anyone who disagrees with him (small park owners, government officials, State regulators and of course any journalist who would dare attempt to report any news regarding MHP ownership. 

Depending on their reaction you move forward either allowing them time to move or evict them.If you want them as tenants then you will need to screen them if your regulations allow.

I don't like Hartford for a few reasons- rules and regulations being placed are not in favor of landlords, that coupled with high property tax is what turns me off. 

While we don’t have direct experience with this, we have clients who do, and they usually report great experiences when zoning and other regulations align.