Are there any property conditions that would prohibit approval of this loan?

The REPS-9 election prohibits grouping short-term and long-term rentals, emphasizing the need for careful strategic planning.

This is because 1) it's the least problematic to follow the rules (retirement accts have separate prohibited transaction and tax rules to follow) 2) it's the easiest to finance if that is something you're attempting 3) it has the most possible tax advantages with depreciation etc. 

The REPS-9 election prohibits grouping short-term and long-term rentals, emphasizing the need for careful strategic planning.

SC has  a state bill that is going through its paces that would make it illegal to flat out ban STR's.HOA's could not prohibite STR's if this passes, nor could cities. .

Can not sell to prohibited partyWhat else?

@Stephanie Gothart,It is possible to finance investment property in an IRA, however IRS rules prohibit you (or your husband) to personally guarantee the loan, therefore you must use non-recourse financing.

But some of the state RE bureau regs I've come across, first OH and then now FL, are going after what they perceive as brokering without a license by prohibiting activities that wholesalers typically do.  

You need to keep track 100% and not give the owner any grief about a PM contract in place that prohibits a different agent from selling the property while you have the PM agreement.I also want to see that you offer compensation to tenant representation in case I have tenants for your properties. 

Another step is to ensure any contract you're considering includes "assignment is prohibited" language.