There are often homestead exemptions and other regulatory issues that could cause issues with your loan, even if it were business purpose.

It took some work but we jumped through all the regulatory hoops and were able to get site approval on two separate land tracks.  

But your QI should be your guide through the regulatory maze that alows you to focus on your investing. 

I do regulatory churn through workers, brokers, and others because they get greedy and don't want to work that hard.  

That hearing is a recommending body and then moves onto the city council or other full board hearing.  

I have never encountered this kind of regulatory state overthink in my 25 years here. 

Then, as far as potential conflicts of interest, it's imperative for syndicators to adhere to regulatory standards and maintain transparency in their operations.

Remember, the system itself is setup to force persons into the licensure and regulatory measure, work-arounds are not well received, and actively worked to be "plugged".

Consider how each option aligns with your goals for passive income and wealth building.Lifestyle: Consider your lifestyle preferences and how each option aligns with your current and future plans.Risk Tolerance: Evaluate your comfort level with the potential risks associated with each option, such as market fluctuations, property management challenges, or regulatory changes affecting Airbnb.Financial Adviser: Consult with a financial adviser or real estate professional who can provide personalized advice based on your specific financial situation and goals.Ultimately, the best option for you will depend on your unique circumstances and priorities.

What about in  other countries is there such a thing besides the licensing body usually department or bureau???