Growing MKE just released their proposal for the new zoning ordinance, which will change the city as we know it and bring a wave of development.

So its not just the HOA but also the local govt that would take action.BTW, Recently VRBO stopped me from listing a property for STR saying its NOT zoned for less than 30 day rentals!

The house is a 4 bed/2 bath in a B neighborhood, conveniently located, zoned to decent schools. 

Stay away with trying to get it under FHA if you already own a primary it will get "Red Falgged" in underwriting. 

I plan to go meet with the SLC Zoning/Permitting office to learn all I can, but thought I'd reach out here first. 

Zoning must be residential, recreational, forest, or agricultural (remove the commercial, exempt, government, etc.)5.)

I say “currently” because there is a bill passing through the legislature even as we speak to remove that requirement for 3-4 unit properties, so patience might be rewarded.And just make sure the zoning allows 3-families before you make a decision based on that potential.  

"Cannot" in this sentence as a red flag.

Is it zoned residential? 

My question is, can I use one of the separate parcels as collateral for a construction loan to build a multifamily on it (of course adhering to zoning regulations)?