An example of that is tenant must pay for additional electric over flat fee / flat limit since now there is 2 occupants in the home instead of originally one.

Our manager also helped and encouraged us to limit our repairs/spending based on the area we are in and the type of property.

Limit the inspection timeline (e.g., 1-2 days).2.

My initial thought is that the developers may have gotten a much better deal than they would have otherwise given the clear limitations on the land's use.

The transfer may trigger gift tax reporting if the value of your share exceeds the annual gift tax exclusion limit ($17,000 per recipient in 2023).

HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."

For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.

He scaled with quality, going full-on luxury top-shelf.

Off grid sounds cool to some, but it really limits your potential guest pool.

What are the limitations and benefits?