Certain neighborhoods do not allow STR so be sure to check the restrictions when looking.

I have to admit, my prediction a month ago of a more restrictive Fed was wrong.

One thing I continue to think about is how valuable 2-4 unit properties are becoming, and will continue to be, since Fannie/Freddie took the income restrictions from the 5% down conventional loan option for house hackers. 

It should be noted that the cases were prosecuted against companies that owned and sold thousands of properties nationwide, not against small time operators, but anyone who attempts to follow the model is better off hiring a well versed in the subject matter attorney and be aware of state specific restrictions (like in NY, Wisconsin and others) on Deed for Contract agreements.  

Condo: Condos may offer maintenance benefits, while homes provide more control.Size and Layout: Ensure the property accommodates your child’s needs and potential roommates.HOA Fees and Rules: If considering a condo, check for restrictions that may impact student living.4.

What are the pros and cons of each, and which offers the least restrictions, flexibility and cost savings for my intended purposes?

I only buy the Aquasource Henshaw White Watersense Elongated Height 2-Piece Toilet from Lowe's (item number 98923 model # T802).

•AE flood zones can limit your buyer pool because not all buyers want to deal with flood insurance or lending restrictions.

Be certain that the municipality does not have restrictions, not just the HOA. 

Like others have said, you can't restrict actual service animals but disclose what is going on.I have yet to have someone with a service animal not tell me in advance.