I have a tenant occupied single in Allentown for sale.

They’re currently 100% occupied, and I’m cash-flowing around $8,500 a month.

How long do you intend to occupy the property?

Most nearby cities are the same.Even in the Denver-adjacent cities that do allow non-owner occupied STRs, they vary widely -- some have caps on STRs, some cap the nights rentable as an STR, some cap the number of vacation rentals one owner can have, etc. etc.This is all to say, first know where you can do Airbnb, then start running numbers.

Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.

This sounds a lot easier than trying to buy with no money down with private money, especially for owner occupied residency

TheLoss of Rents is for the loss of Rental income if the tenants can not occupy the houseafter a covered loss.5.

Also if you are selling, hopefully your agent has advised you but good practice to have a vacant unit to open the buyer pool to owner-occupied buyers/house hackers.

Up until that point the property was solely in my name.If I decide to occupy the property after 2 years, and decide to sell the property after 5, do I owe the full deferred tax amount, or are the taxes "prorated" based on the ratio of time the property was investment/primary?

Unfortunately almost every franchise involves renting the occupied space when the property would have made more money than the business.