Depreciation rules for the two definitions are different.A short-term rental (STR) is a dwelling unit that is used on a “transient” basis.

When someone presents to "tap" Private-$ we want to do as little thinking as humanly possible, that's to say the burden is on you the proposed borrower to present a complete, detailed "pitch" outlining the allocation of every cent, contingencies, time-lines, data supporting each action item.

It's human of you to feel guilty and I don't think you need to "just hire a property manager" like the other comments have said.

It was the largest human migration in American history, far exceeding that of the West.

Also, I will touch base with my current home owners insurance co but I'm curious about the scenario you laid out (requiring renter's insurance + advising home owner insurance that you have another person in the dwelling) -- did this suffice for you because you chose higher liability coverage?

For example in wildfire areas here, buyers aren't able to get traditional homeowner's (or rental dwelling insurance if an investor) insurance and conventional Fannie Mae and Freddie Mae loans.

I was notified by the Fire dept since they were involved due to risk of human trafficking. 

Don't know how much losing the homestead is going to increase your payment but you will need to change your insurance to a dwelling policy (landlord) not a homeowner policy.

Again, a landlord has to allow the tenant to make changes needed so that he can fully use and enjoy the dwelling.

Humans are social creatures at the end of the day and I personally like to know who I might be dealing with if they can either be a friendly neighbor, a nuisance, or beneficial in maybe keeping an eye out for you).Is it possible to update the gate so that it can open and close by itself and have 4 different codes to it for each neighbor to enter/exit?