Any local land use and zoning restrictions?

Reach out to @Alyssa Holbrook as she has a property she is trying to do it on now.Thanks a lot @Jonathan GreeneI was reading the SLC docs and it seems that the restrictions for owner occupancy only applies to single family homes and duplexes are exempt.

If they do it increases your odds of getting approved.

Going to the credit union where there are less restrictions makes since.

It's also important to be aware of any deed restrictions or covenants that could impact your intended use of the property.A Personal Anecdote:I once assisted a client in Omaha who purchased a Freddie Mac home intending to convert it into a rental property.

As you know, we generally don't have such restrictions in Canada so I personally tend to look first at the environmental issues my own backyard before.

They’re less restrictive since they don’t rely on personal income or DTI, making them a great fit for BRRRR.

My CIty does not have a boarding house regulations or restrictions which is one of the reasons i jumped on this.

Plus, Tennessee is a landlord-friendly state, which makes it easier to manage properties compared to more restrictive areas.There’s also a growing community of out-of-state investors looking at Memphis because it offers a great balance of affordability and return on investment.

Hi Joel,I am interested in start doing the same as you to be using it for medium term rental (28+ day stays) arbitrage in GTA (as short-term rental stays (less than 28 days) are restricted).