There's no denying that owning a business provides an opportunity to create greater wealth than owning real estate alone, but I personally belive there is a much higher level of risk and more work involved in that option. 

Picture the look  on your face when your Insurance Company denies the claim.

Also, if the title is held by an LLC when you apply for the legal residence exemption for property taxes, it will be denied (see below).Property in South Carolina is taxed using a millage system, based on the assessed value of the property.

What you do after you buy the house and which room or area you occupy is your decision at that time.If you mention to the Bank/lender that you plan on living in the basement for example or an ADU they can deny the loan.

Trying to get a 46k loan through my credit union to buy a house off of my dad.Bank just denied me, due to my Schedule C reporting a loss and apparently my Net Income on the schedule C was about 23k.Did my accountant f*** me hard?

You are not taking away or denying from a protected class. 

Safely I believe you have to have a minimum of 10 units to sign up, and Waivo seems to be raising prices while simultaneously getting more and more strict on denying claims.

I was even denied the records for this house such as building permits, add on history etc at city hall even though it's public record knowledge!!

If underwriters deny his loan the sellers stays high and dry.

My commissioner’s adjustment application was also denied citing that I did not present enough of a reason that not having a house share unit would present a financial hardship.