I told him I'd gamble that there's no one who even knows that restriction exists to enforce even if an heir lived in the area...the way to legally eliminate them is either get the beneficiary to record a new document (possibly a QC deed) to eliminate their restrictions, or pursue a Quiet Title if you think the person is no longer around or their heirs are not identifiable. 

So many folks will scream that buying negative cash flowing RE is "gambling".

It was definitely a gamble, because I was assembling furniture up until the night before their check-in :o I only had an opportunity to advertise on FF, because it was the first place we posted and it got enough inquiries right away.

It's more gambling than anything else.

For our friends managing properties in the UK, I'll point out Apartemo: https://apartemo.comSince I am not in the UK, I didn't spend any time looking at it, but maybe this will help someone on that side of the pond.

However, the vacancy is really low in my area and prices are really high so it’s a gamble most house hackers take.

I do have interior design degree from London Metropolitan University, UK.

The alternative would be to find someone unlicensed/unbonded whish would be cheaper, but would be a gamble.

If you aren't willing to learn that investment asset, then you can either:1. find someone you trust to help you invest into that asset2. put money in low/no risk investment assets and just accept the low return3. blindly go into an investment asset and basically gamble.

With leverage you are using the houses money to gamble and not yours.