I've been told both extremes by several different people, but that's crazy to hold the agent responsible when they're forcing this arbitrary rule just so they can go after agents and brokers for something they had zero control over.  

Using a turnkey condo for short-term rentals on weekends while reducing your commute could be smart, as long as STR income covers costs and local regulations allow it.From tax perspective, if you personally use the STR as you intend, you cannot create losses under vacation home rules.

There is an abundant amount of deals beating the 1% rule there.

Search for Liens and Other Property Records Search Methods: By Parcel ID: Enter the Parcel ID to find the most accurate results.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

most of what I saw is not even the 1% rule, maybe 0.5%, that's what bring me to ask in the first place :)

We will remove members if they violate our rules or terms of use. 

As Lynn said, if she's not following the rules, she's at risk of losing her voucher.Sorry to hear he was diagnosed with dementia. 

It's not a loophole @Melissa Nash, it is just the IRS rules.

The lender doing DSCR today may change their rules or not be around in 24 months given this tough market.