This took the fair housing committee three months to figure out.

There is no way a that conventional lender would have even scheduled a meeting of the underwriting committee in two days.What is the problem? 

However, there also seems to be evidence from committee meetings supporting short-term rentals being authorized in historic neighborhoods like mine as long as guests adhere to a 7-night minimum stay.

It's all intermediaries and committees and underwriting teams.

You best way to go about this is if you have the target area and properties you like to buy, I would research the local section 8 housing committees and ask them what their rates are and that will give you the actual rental rates they provide.I have a list of my committees and what they allow to pay for example it’s a chart and it will say 1 bedroom $900 , 2 bedroom $1300, etc……

But not only did they have to stop the distributions and go for cash calls.. then you have investor revolts and then the lawyers and then the move to kick them out as GP's and then you had the lawyers making bank trying to run the projects for the investor committee's its was a CLUSTER of epic proportions and the entire portfolio was lost to the senior lenders..

The credit committee is usually made up of local people who are familiar with the market they are in.

So if you house hack you could rent by room while living there, but if you move or want to house hack a second home, you no longer would be able to legally rent by room.Search youtube for the DenverCPD - Group Living Advisory Committee Meeting - May 27, 2020 for the latest meeting recording.

Your low credit score isn't something a credit committee who knows the full picture cares as much about.

DSCR requires No income, No Taxes and Commercial requires a PFS, occupancy ratios usually above (90%), Credit scores above 720+ much higher assets for (PITI reserves and overall risk, landlord seasoning, and more.A Heloc can be used in most cases for anything but when you are trying to buy a commercial building which is higher risk, the committee/UW can and in most cases will deny it if they feel you are over extended low assets or with no landlord experience, unless you have a meaty amount of equity to cross collateralize for a junior lien on another property.