I assume that is to assure them that you live in the rental.HOA's that ban STRs trump the law if it is allowed in a particular area.

Quote from @Cooper Schmidt: Hello Everyone,I currently live in Abilene, TX and serve as the Director of Basketball Operations at Abilene Christian University.

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

I have eagerly wanted to get into this space..I had a few calls with Sunrise that had some pretty poor answers / or lack of to my questions so was leaning toward Four Peaks since those conversations went better. 

In Oregon you can kick out who ever is living there unless the federal law regarding arms length leases comes to play..

We would be incurring the tenants in one half and would live in the other half ourselves.

She's from CT, but lives in CR for most of the year, so I assume she'll know some local folks.

The one nice thing about achieving financial freedom through real estate is we have the luxury to say this and change our lives. 

Live off of equity as you sell or live off cashflow.

This is what they provided in an email:Our team has a fixer-upper located at 103 Tropic Ct, Fort Pierce, FL 34946This Fort Pierce home consists of 3 bd/ 2 ba/ 1,342 sqft of living space on a 7,469 sqft lot. - Investment Duration: 30days (Investment + ROI in full)- Return on Investment: 45%- Purchased Price: $150,000- Rehab Cost: $30,500- ARV: $240,000- Minimum Investment: $30,500- Maximum Investment: $30,500- End Buyer Escrow Commitment: 20%Rehab Cost BreakdownRehab Cost Breakdown1.