True, a restriction could be narrowly tailored to exclude everything *except* an ABB-type lease, but that exposes the HOA restriction to other challenges.

I suggest you download some forms online for your state, then take them to an attorney to tailor for you.

But you aren't talking about investing 2M of fresh money, you're talking about tailoring your hand.

I do have Quickbooks, and will be meeting with my accountant to have it tailored to suit my business better for my overall finances.

These are updated and tailored specifically to each individual sate. 

Whether you want a rental or a flip depends a lot on you and if its not tailored to an organized plan, then it is just taking a shot in the dark. 

If you hire it out time is not an issue but can be costly.Marketing/Showing is time consuming unless you work around YOUR schedule and not everyone else...set appointments on Sunday from 2-3...don't go around tailoring your schedule for 6 PM on Monday for Joe...3 PM on Wednesday for Lisa...most won't show up anyways and those that do are only killing an hour of YOUR time.One thing that you missed is just the general emails/calls/texts that you will consistently get from tenants...best way is to again work on YOUR schedule and not theirs...accept inquiries between business hours and leave after hours for emergencies only.Best of luck...PM me with any questions!

Make sure you have a solid lease that is tailored to the laws of your state.

We are currently building a portfolio across the river in Hudson County, NJ full of amenities and tailored towards young professionals, as they continue to get priced out of Manhattan. 7.5 to 8 caps do sound enticing, however, deals like that can still be made up here.

In recent years, about half a dozen PHAs in large urban areas have piloted zip code specific FMRs to tailor rents more specifically to neighborhoods rather than just the whole city.