The rule of thumb is, if you can't handle the potential call from the lender, don't do the deal. 

They seem to either go one way or another, NO investors with strict HOA rules, or full force on investors. 

Asking in the correct forum will get a better response.Read the RULES!

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Though many investors bend the rules and possibly don't get caught, you have the financial situation to do it correctly.

The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.

If you gift a house, the fair market value (FMV) at the time of the gift applies to the lifetime gift limit—not the amount you purchased it for.

It seems like the tenant is being respectful, following the rules, and is not being a problem so I think that is what you would tell any other tenants who ask, as long as you have seen the card.

A CPA ensures compliance with IRS rules, maximizes deductions, and avoids costly mistakes, especially for higher-income earners with multiple income streams.

Your GC will know how to apply for the correct permits.Avoiding the issues in the future is a function of respecting the permitting process in the first place.