Hi Grayson, with you mentioning conventional 5% down and FHA 3.5% down, it sounds like you are referring to a primary residence.Private Lending/Hard Money Lending is usually on investment property (We can do primaries but it is highly regulated & varies state to state so most refrain from it.)If you are looking to get into a flip, long term loan, whatever it may be.If you have no experience & a solid fico, rule of thumb is 20% down.Hope that helped :)

It descibes the rules for reserving usage, exit strategies, and other very minute details.

As a reminder, the San Antonio City Council approved new STR rules (you can see my post regarding this here!). 

Caveat: Rule of thumb is to not do more than 1-2 of these short-term transactions, otherwise, you could trigger UBIT. 

Always the day of, I don't trust others to comply with all rules.

STR changed that rule for a bit there for a run of 3 or 4 years but now even that has come back down to reality.The key to investing has always been to buy right.

I'm kind of picky about what I allow though and I have strict pet rules in hopes of turning careless owners away.

I know the actual cost can vary by location, property type, and provider, but I'm wondering if anyone has a solid set of rule of thumb they use when crunching numbers for a quick analysis?

But, it’s worth consulting with a tax professional to assess whether any parts of the expense could still qualify for immediate expensing under safe harbor rules or another method to maximize deductions. 

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern and will be exempted.