Saugatuck city has just instituted a cap on STR yet it is in the infancy stage. 

These institutions might be more flexible and willing to work with your specific scenario.  

Don't see details about vesting in an entity is allowed, but looks like this bank lends in a few states: Florida, Massachusetts, New Hampshire, New York, Pennsylvania, and Vermont. 

@Mark Alford I see a few lending institutions that I’ve worked with in the past that are offering this.

At the financial institution I used to work at they qualified you at an interest only payment, assuming a maxed our line amount, and the interest rate used in the qualification process is  +5% of what the actual rate will be.This could be higher than a traditional mortgage payment in a lot of cases.

All lending institutions operate the same at the end of the day.  

My assumption has been DSCR is the main driver, coming from my institutional experience (larger deals) we usually target a 1.2 and over DSCR.

I’ve come across options like the Institute of Real Estate Management (IREM), National Association of Residential Property Managers (NARPM), and Certified Property Manager (CPM) programs, but I’d love to hear opinions on which have been the most valuable in practice.Additionally, any recommendations for resources, books, tools, or online communities that have been helpful for day-to-day management would be appreciated!

But, assuming that an investor was sold units and did NOT provide sufficient proof of accreditation then (1) they can file a complaint with the SEC (which may only indirectly enhance their ability to recover their investment) and / or they can institute a civil suit for recovery of their losses.  

Do you go to any meetups/networking events in MA?