The FHA rules/regs (in particular the FHA self-sufficiency test) are applied the same across all markets, and I know for a fact that in rural communities across the country, and big cities that are not particularly desirable places to live, it's not a deal-breaker, I am not commenting on those areas. 

I've already been hearing about all the communities and mini cities that they are planning on opening around it as well.

The city is among a number of nodes for Tesla suppliers popping up throughout the Austin metro as a result of the so-called "Tesla effect" — which is shorthand for the trend of electric vehicle suppliers flocking to the region in response to Tesla's mammoth presence in eastern Travis County, where it has a gigafactory and headquarters.

The logistics are simpler since as you get 4-5 turns/year and it isn't affected by the city ordinance on STRs.

I'm a little hesitant to get into the city of Syracuse. 

City won't let you rent out basement, but owner can live in basement.It may suck for 1-2 years, but then you'll have gained so much knowledge you can do better on the next one!

@Al JeciusAre you in City of Flagstaff or Coconino County for zoning purposes?

You are taking over for someone who didn't care at all about the rules and you want the city to just be like, "yeah, this is fine"?

Locations that are a 0-1 hour car ride from san juan to a nice town/city with more affordable areas walking distance to the beach would be interesting as well. 

If it provides a nice return on investment and you plan to hold it for a long while, then it makes sense.I already talked to the city and its OK to do what I am describing.