"By terminating the AFFH rule, localities will no longer be required to complete onerous paperwork and drain their budgets to comply with the extreme and restrictive demands made up by the Obama federal government."

This is a needs-based use, so it has recession resiliency, but many states also have development restrictions so you don't see the over-building problem like we've recently seen in self storage and multifamily. 

I can't think how hard money can be sharia compliant.. sharia restricts money from being a commodity: any added risk must accompany added value. 

However, it’s important to be aware of HOA restrictions and city regulations on rentals, as they can impact your investment strategy.

Cash out Refi)Pros:- Typically lower interest rates than the other two optionsCons:- Higher closing costs- You lose your current interest rate that is probably significantly lower than current ratesHELOC)Pros: - Lower closing costs- Interest only for what you use- You can choose to use it or not depending on your future plansCons:- It is a second lien, so they typically have higher interest rates- Sometimes it is a variable ratePrivate Lender)Pros:- Less government restrictions that you need to follow- HUGE amount of flexibility because everything on it is negotiable from interest rates, to payment options- Not required to leave 20-30% of equity in the property, and no PMI if you have less than 20% equity- Closing costs are minimal.

“Too many restrictions.”The reality?

.❌ Cons:Higher tenant turnover and potential roommate conflicts.Zoning or HOA restrictions in some areas.Managing multiple leases within one property can be challenging.If you’re leaning toward this strategy, it’s important to set clear house rules, screen tenants carefully, and have a solid management plan in place.

Yes it just depends on the state, There are a few restricted states when it comes to Business Purpose Lending, and will require closing in an entity.

My local municipality is changing ordinances to be far more restrictive, and I notice a number of houses up for sale that were STRs.  

A lot of the major banks don't allow it or have restrictions.