I really wanted to house hack but finding a good deal that allows subletting is pretty much non-existent although I continue to keep my eye out. 

I've been exploring the fascinating intersection of philanthropy and economic development lately, and it's been eye-opening.

Go in with your eyes wide open. 

I ended up hiring one of my LTR tenants as a house manager to handle all of the cleanings, turnover and provides my local eyes and ears.  

Goes further than the eye can see.

Being appraisers, we are familiar with estimating "cost to cure" of deficiencies, and we know useful life of short lived items so we can build seller credits into our offers that will help mitigate monthly costs to us for reserves.We are going to take it slow and steady, as I said, with an eye on returns that may not be spectacular but still rival the stock market in a sector of the economy we know well.Thanks for the encouragement @Dave Meyer!!

I just looked up the covenants on the online city records, hoping to see an amended recording, and the original 1997 ones appear to be the only ones there, so this helps me understand the issue more fully, if they take precendent over Rules & Regs. 

After all was done the neighbors apologized for over reacting and I was now out $2400. eye roll.My personal thoughts are the danger is over blown.

Best place for this is Rankbreeze, and then you can also keep an eye on where the listing is ranking on Airbnb.

@Patrick UlmerIf you're eyeing real estate to boost your wealth, start with these steps: Dive into learning (read, listen), set clear aims (do you want steady cash, value growth, or both?)