I am not opposed to STR/MTR, but my current profession puts quite a bit of restriction on that avenue.My 5-10-year goal is to shift more toward long-term appreciation and syndication.

Are you familiar with residential zoning restrictions in that area?

Depends on the profit margin and what the interest has been like in the houseSeems odd they can't increase the purchase price to 224k - I mean we're talking an extra 2k financed over 30 years - this is like a few dollars a month lolBut with the timing and holding - I'd probably just sell it and get to the next.

It would be odd to not have the right to still take a look again, but at the end of the day they have the deal under contract so they can decide who they give the deal to.

Any stay over 30 days is considered Mid-term and may not have the same restrictions a STR would.

Every odd year they reassess taxes based on the value.

We may try to fight this as we purchased the property specifically because there were no rental restrictions when we purchased, and this will significantly affect our financial situation with the property.

Or maybe the advice would be to make the restriction clear, but otherwise don't emphasize it? 

The property is located in an area where no restrictions on STVR.

May the odds ever be in your favor.