I was all set to go then found out my neighborhood HOA had a bylaw preventing ADUs, even though my house is a SFR

I can appreciate that how the idea of selling and keeping that commission sounds good, but sometimes, it's best to pay upfront to prevent any legal quagmires down the road.  

And to expand on @Benjamin Reemsnyder said, condo bylaws sometimes prevent more than a set percent of the total units to be rented.

It's called "life".Those that believe a term will prevent tenants from leaving during winter or hard to rent months do not understand the business or their tenants.There is zero guaranteed upside to a term lease and you give up being able to control your property or your tenants.

@Daniel AntonettiIn general, not much you can do after closing.If you had made specific requests about the tenants in your sales agreement then you might be able to go after the previous seller for not complying.But, if you didn't have specific language in there, the owner is still able to renew leases.Even if you had Estoppel Letters, it wouldn't prevent the seller from doing something sneaky at the last second like signing a lower rent lease in exchange for doing fixes the seller didn't want to deal with out of pocket.

Originally instituted to prevent land speculation by ski resorts, it is applicable for the first 7 years of ownership.

I always call everyone back simply to prevent any kind of discrimination .

What would prevent them from getting you on the hook, and then having a phantom offer arrive in order to drive your current offer up?  

The best system to prevent this would be to throw every non paying tenant into debtors prison. 

We like to offer wide access to our units, to help drive interest and to prevent discrimination claims.We use a scoring system to objectively rate the applications and choose the best fit for us.Some things to consider: https://www.biggerpockets.com/blogs/4445/44420-ten...