Important things to look for: if you want to STR (you will make more this way) then no rental restrictions, if you plan to MTR, 30 day min works, anything longer doesn't.

Most lending is based on cashflow, not the 2% rule (although still a good rule of thumb for some types of investments), might have the most help from the group if you provided some of those details here just so it'd be easier for us to help you best. 

Also, I would look at rental rates to property values to determine if any areas are around the 1% rule.

Asking in the correct forum will get a better response.Read the RULES!

They are very nice and can be helpful providing you what you can and cannot build on your property (Set back, height restrictions, front look etc).

However, there is no way to do so without risk.The Internal Revenue Services issues three (3) Private Letter Rulings (PLRs) that allowed the taxpayers to do just this.

No, it is inside of an HOA neighborhood but the current regulations only restrict rentals under 30 days stays.

There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).

Why they need to inspect the interior when the exterior is pristine remains a mystery, but we don’t make the rules.

Starting out rules of thumb for newbiesThanks for your insights.Hey @Malcolm Brown, welcome to the BP Forum!