The bottom floor is approved for commercial business and has the main vault, some marble flooring, and a back room office and restroom.

But agree for HML majority of the states as long as its commercial purpose no license required..

@JD Martin We have a right of entry clause in our lease that reads like below; "Landlord may enter the property for purpose of inspections upon 24 hr. notice given to tenants.

SFR is far less impacted by such, mainly because the debt being capitalized over 30yr terms vs, 3-5-7. 

The prior poster noted the main categories.Without more detail your note you will need to find a lender partner to scale.

If you are purchasing an investment property, and intend on using for investment purposes only, not personal use, it might be possible for you to rollover the TSP to a Self-Directed IRA and purchase the investment property through this type of structure.

Melissa DSCR loans are business purpose loans therefore there is much less documentation and red tape to deal with vs conventional financing.

But, i do have a couple of LLC's, mainly for transferring property to children or spouse when I drop dead. 

The main objective is regulation and taxation.

I just don't know that I want to have an AirBnB side hustle on top of my main job and my other life responsibilities.