@James Marshall  Fannie Mae removed some of the restrictions on transferring to an LLC for more recent loans, but I'm not sure about Freddie Mac (Home Possible is a Freddie Mac program). 

short-term and vacation destinations are in general is most profitable but is most vulnerable at times like now.many places have 30 day minimum restrictions and that trend will continueSo yes corporate rentals are by far the best combo but you may need to do your own marketing/networking to get corporate clients.since i do this as a side gig, I needed to be more passive so I let Airbnb and VRBO do all the marketing for me.  

Is it restrictive on what the money can be used for? 

Those sound like some serious and counterproductive restrictions.

Not to say a lender would not, but more likely would be if a violation were to exist, the lender may demand you to refinance with another lender but to call the note due, in my opinion, would be remote.The rent capture requirement does seem restrictive. 

Some of the restrictions that I found out is that you need to work in the same company or at least proof of consistent work history for at least 2 years (correct me if I'm wrong).

Why would you want to restrict the way they pay you?

You will not have the same restrictions on the amount of loans you can do.

By creating a written lease agreement, you give yourself the ability to create restrictions on the tenant to protect your investment.

UPDATE: We ended up closing around 8wks instead of their requested 2wk, due to one of the 2 owners/sellers' power of attorney papers being from while he was on vacation overseas.Only the front door keys were given, so we had to change the back door locks/keys.2 weeks after closing, various agent were still walking around and into the property's rear where we were gardening, and showing us on their phones that the property was still listed for sale and 'Active' on c21.com by Agent-owner's listing broker.Was wondering why they never updated it still yet - not pending, not in contract, not even sold after the sale til i complained to the broker people were walking in to inspect.Wonder if there are fines for not updating listing status, and who imposes them - MLS, CalBRE, or?