I recently discovered the "real estate realm" and I am incredibly interested and fascinated.

So, while my research did not find any rental restrictions for STRs I did not discover that they couldn't give me a business license (before we bought the house.)After talking with the City Planner about the situation he told me I could go through the same process that a hotel or B&B does (approval process for Certificate of Conditional Use) but it basically comes down to a City Council meeting which is a public hearing.We discussed the fact that there already were people operating STRs in the city (and obviously not paying taxes to the city since they would not have a business license). 

Even those with flood insurance are going to discover the won't be made whole, like they would have (or close to it) from a homeowners claim.So, I think a lot of houses will end up just bring abandoned.  

I don't know how large your condo complex is, but for condos of 50 or more units, it would be a challenge to get every owner to get to it, and properly clean the vents if it was discovered  vents were never cleaned and it could be a safety hazard.I also had special assessments for new roofs, other building wide improvements at my rental condos. 

Are you considering "conventional" to be Fannie/Freddie or are you considering "conventional" to be long term fixed from a banking institution but not Fannie/Freddie?  

As the trustee you then can open non-custodial account at bank, brokerage or any other financial institution for your Solo 401k trust. 

After all, now I had an ARV estimate from an experienced expert.I met with the seller and discovered that he had been in the remodeling business previously.

Over the last year I have been the lead broker on an acquisitions team for one of the largest institutional investment groups in the country.  

I only ask as anyone bank, lending institution, private lender etc... would like to see that you are aware of what it takes to operate and sustain the business as you will be "owner occupant".  

I was able to completely clean out the ne'er-do-wells in my one building- which was great, but costly having to carry an entire building while renovating and discovering issue after issue...