I was excited to do research there but saw this article recently about "A Crystal River ordinance from 2005 prohibits residences outside the city’s waterfront-commercial zoning district to be rented out for less than three consecutive months" and I was concerned.

Addressing the LTR concern: both counties have used grants to boost low-income housing (in the form of apartments that prohibit STRs) rather than imposing broad restrictions.

While STRs might be off the table if your city prohibits them, MTR could potentially produce about 2x long term rents with the right property.

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

I just read a post where someone purchased a STR in a town that recently prohibited STR. 

When I got back, I realized it was in a flood zone and the FEMA 50% rule would prohibit the rehab we needed to do.

That way I don't have to worry that something would prohibit me from having a house on the property, it is already there and I own it once the deed is titled to my LLC.There will not be an ingress running through the middle of my house.I also do not have to foreclose on  tax deed or tax lien.

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

This loan type has a prepayment penalty unless you buy it down or the property is in a state that has certain rules (sometimes lenders prohibit them in certain states and you're forced to buy it out, which will increase your interest rate).

And if nothing is in the lease stating that smoking is prohibited, smoke smell falls more under the umbrella of “ normal wear and use”.