For 3-6 months of seasoning, the appraised value can be considered, though LTV restrictions often apply.

Geographic Expansion: Don’t restrict your investments to one location.

Most new home communities have super HOA restrictions on investors, like you have to live in the home a year before renting and/or they only allow a certain % of rentals like 1% or all kinds of other roadblocks.Plenty of opportunity in North Texas, but for the most part stay away from new builds for rentals.

They are a legit lender, but I have found their terms to be average and their guidelines are more restrictive than other options. 

River, I have bid on a few properties that would be great for short term but most of what I am looking at are for long term due to town restrictions and very good school districts.

Quote from @Dan Heuschele: The reason syndications are restricted to accredited investors is an attempt to restrict the offers to sophisticated investors.  

Are there lots of reguklation restrictions in Blue ridge?

My only roadblock is there is a deed restriction that states "No use of said property pursuant to rental agreement (oral, written, or otherwise) or other landlord - tenant relationship.

I've never seen an "All Other Perils" deductible restricted to percentage of the policy.  

Regs can run the gamut:  STR licenses are unlimited and available immediately with no restrictions, STRs can only be rented so many nights/ stays a year, STRs can only be in designated areas, the number of STRs are capped and there is a waitlist for a license.As others have mentioned, typically an unregulated STR will have more revenue than a LTR, but it will require more consistent work and effort.