Similarly, if the government wanted its agents to inspect rental units in between tenants while they are vacant (or the hypothetical weekend rental car when it's in the lot and not being rented by a consumer), I don't think anyone objecting would have a leg to stand on.I'm mostly thinking out loud here, my position/opinion being developed on the fly as I think about this and we go back and forth...EDIT: if any lawyers want to chime in on from whence the apparent different standards for business and personal stuff arises (assuming that distinction exists at all and I'm not hallucinating), I'd be most happy to read up on that. 

Here are some ideas and observations:Market Dynamics: Manhattan's distinct market dynamics and high property values are well-known.

They'd much rather say, "I sold my home" a mindset that maintains their dignity--a subtle to nearly worthless distinction from a FICO/future qualifying POV but meaningful to some homeowners.I intended to post URLs to support what I said in my initial post but, apparently, as a new poster, I cannot post URLs until a couple of days has passed.

Gatineau has much lower prices but when we visited the area I realized that despite its close proximity there's a distinct quality difference from properties in Ottawa.

Keep in mind that theses sorts of sales have a local flavor to them, so those of us not local to that area might not be quite accurate enough ...

I didn't realize that lenders made meaningful distinction between SFR and live-in 2-4 plexes.

Can someone explain this "rentable" distinction?

But I still don’t know the distinction of wholesaling and just being a realtor?

This makes the actual rent 10-20% smaller ord) not all units are rented and the owner forgot to mention this.II) incorrect units:a) some of the units are in immaculate conditions - they are usually shown to the investor for inspection but 90% of the units require major fixesb) converted non-permitted units: those come in two flavors: units that were illegally added and units that have been illegally modified on the inside, e.g.: illegal unit addition or creating an attic or a basement unit for the first one and converting a large 1Bd1Ba to a small 2Bd1Ba or even converting 2Bd2Ba to 3Bd2Ba.

However, STRs did not exist in 1922 so I would be arguing on the distinction between boarding house and STR or mercantile and STR that the restriction is inapplicable.