Some have lots of rules and regulations and are only in it for the education fees.

Oh, I also forgot to mention another fantastic and key feature of Landlord studio is the ability to set up bank rules which is awesome.

While the 1% rule would hopefully apply to an investment property, it certainly would not apply to my situation if I kept renting, as I would only be paying ~$1,600.Let me know if I am misunderstanding. 

I successfully evicted my tenant with a court ruling in April.

It's crucial to stay compliant and follow the rules to safeguard everything you’ve built.

Same rules, same guidelines, same rate, just no occupancy requirement.Working with the right loan officer makes all the difference...Best of luck!

As for protocols, just make sure to set clear expectations—cleaning schedules, payments, and house rules—so everything stays smooth during the longer stay.

I have created a spreadsheet for quick analysis (with the 2% rule, 12% cash on cash, total ROI of 15% per year, etc) and have just been analyzing any Zillow deals that pop up.

The rule I was told from the planning folks is at least 0.25 miles from existing STR and at least 250ft from nearest residence.

Additionally, the limited rental period may not significantly impact the gain, but it’s essential to confirm whether any prorated exclusion applies or if the IRS rules regarding converting a primary residence into a rental property could affect the tax owed.