There seems to be a shift to MTR from STR since the governments, HOA's, and Condo associations have banned them. 

This is if you do all the management yourself, (basically buying yourself a part time job), ar good at marketing and interior design, and if your local government doesn’t flip the switch and ban STR or limit the ways you can use it. 

This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.

The local economy is supported by several diverse sectors including healthcare, manufacturing, and retail, which sustains employment levels and underpins rental demand.

basically the lender is happy when asset is at default because they can get asset for cheap ;-)this is the basis of our private basis capitalism haha lolthis is also why most people should just focus using 30 year gov. loan and just invest at residential sector in my opinion.

Sell now and pay the taxes; our government needs the $$$ to give to those in more 'need'. 

If the loan is backed by the federal government, that means 20% down minimum.  

Short-Term Rentals:With its growing tourism industry and thriving business sector, Charlotte is a hotspot for short-term rental properties.

if the private sector operated this way, they'd be out of business really fast.I'd just rent it out; you did what you had to do.

This is generally due to the fact that this is how the American housing giants – Fannie Mae and Freddie Mac – government-sponsored agencies, separate their loan programs.Note that this is another example of where real estate “lingo” doesn’t always match with the standard English Language!