look at your experience level with reality in mind.I would want to feel very comfortable about those things before spending time on deals and money when i had no real capacity to transact no matter who the lender was.

I learned the hard way that I need the capacity to make the first mortgage payments in the event of default. 2009-10 still stings. 

But, they don't abide by the structure in their day-to-day operations because it takes too much mental capacity to keep up with.

In the city limits, it seems like they allow 500 STRs and right now they are at capacity so its hard to get one.

If you don't think the government should be meddling in the housing/real estate market in the first place, then you should be against those tax breaks existing in the first place, and rolling them back in any capacity would be a step in the right direction.

What’s far more important than the specific strategy someone utilizes to gain an advantage as a real property investor is their (1) knowledge of real estate principles, law, and finance (2) experience and (3) capital and credit capacity. 

But from a practical standpoint, even 8 adults would exceed fridge capacity, create bathroom bottlenecks, parking problems and put extra wear on the property.

These include falsely claiming to have closed dozens of deals when none were ever closed, illegal payment of undisclosed sales commissions to bundlers and independent contractors, advertising the funds as safe and appropriate to investors with obvious near-term needs for their capital, creating fund of funds en masse assembly line fashion with no corresponding SEC filings, unregistered brokers/financial advisors acting in that capacity absent licensure, having customers wire money claim the fund is fully subscribed and putting them into a high yield promissory note, accepting funds from unaccredited investors, misrepresentations about the debt put on the project, lies about experience level of the principals, omissions of material facts, and at least two straight up Ponzi schemes.While it's true that some legitimate operators are having issues in their portfolios, today's circumstances are a perfect example of the idiom, "you can only discover who is swimming naked when the tide goes out."

The requirement to have a realtor license, according the Maryland state statute 17-102, does not apply when (among other things)"an owner or lessor of any real estate while managing, leasing or selling the real estate, unless the primary business of the owner or lessor is providing real estate brokerage services or...a person while acting in the capacity of a personal representative" Sounds like a carve out for representing yourself to me.Which would be consistent with the NC definition of a realtor as anyone who buys, sells, leases...real estate for others for compensation.

The plan regarding primary residence is to finish the basement out to increase a number of bedrooms and capacity for the short term rental.