Fast forward to today and one of those existing STR's has become a nuisance to the neighborhood and so the HOA board is planning to ban all STR's using what they believe are provisions in the CC&Rs to justify it and have consulted an attorney to validate the legal standing on implementing this ban.The CC&Rs were written in 1998 (before STR's was even a thing) and have these sections being cited by a couple members of the board as justification for banning the rentals (note there is not anything explicit about STR's in the documents)Section 1 – Single Family Residential – states in part, “… Lots… shall be used for no purpose other than residential purposes.”

For the home loan, if assuming it isn’t an option with your current income, you might consider using some of the cabin sale proceeds as reserves or paying down debt to improve your financial standing.

As it stands today, I have roughly 70k liquid and looking to invest in building a new construction home for profit.

The tenant is a bully and the ONLY way a bully stops is when you stand up to them.

Reassuring long-standing tenants that they are valued and included in the long-term vision helps build trust and ensures stability.

Reassuring long-standing tenants that they are valued and included in the long-term vision helps build trust and ensures stability.

Reassuring long-standing tenants that they are valued and included in the long-term vision helps build trust and ensures stability.

Reassuring long-standing tenants that they are valued and included in the long-term vision helps build trust and ensures stability.

These are reputable people who stand behind the properties they find and are reliable for ensuring a smooth transaction.

The VA probably was standing up a new lender when the downturn started.