Ideally I'd like to buy the property, build another house in the large back yard which has access to a neighboring street for a driveway (also not sure if that would be allowed), and then sell that house completely separately.

Your first comment regarding attending city commission meetings seems to indicate that you are referring to affordable housing under state statues (i.e income and other federal/state restrictions).  

or can probates ONLY be accessed from your local court?

This option comes down to the investor's risk tolerance since you will likely leverage your primary home at a variable rate.3) The BRRRR method since most hard money lenders will allow you to acquire distress payments with as little as 10% down and grant you access to rehab funding via a bridge loan.

However, downsides include regulatory restrictions on bank lending, many institutions that restrict concentration and geographies, and other headaches and issues that arise when dealing with a slower-moving bank.DSCR loans are the option that has completely changed the BRRRR lending landscape in the last few years.

We do have some local portfolio lenders who can be accessed through brokers.

Just because you may have enough equity to go up to 240k doesn't mean you will be able to access it all because what if you can only qualify for 100k.

.), I would be very grateful if you choose to attend BPCON, and your 26,550 posts have certainly contributed so much value to this platform and not just the tens of thousands of people who you responded to, but the hundreds of thousands or millions more who have read your comments, that I'd be delighted to give you (and a guest) a completely free ticket to BPCON Cancun, including food, beverage, access to all events, and a room at the 5 star moon palace resort.

If they provide access to their inventory you can still source a deal through them in the end if the numbers actually do hold up on your end later on.

Vegas has pretty tight restrictions on STR it would be interesting to see how many homes are actually available to purchase there.