Feel free to share those lessons in the forums and prevent others from making the same mistake.What, specifically, can we help you with to move you forward on your journey?

(Google Florida condo special assessments)  And, you are correct, the HOA can impose numerous limitations that prevent it from being a good investment.

When I worked with them, they were extremely reasonable with their borrowers when credit was not available to figure out working solutions, which steamed from the due diligence and experience they did on the borrowers.Corey Dutton, DFA does not prevent HML on primary residence, it does put rules around loans as they relate to primary residence.

FHA has caught on to this trend & updated the guidelines to prevent people from abusing FHA financing.Here are the guidelines directly from the FHA Handbook:Policy Exceptions Eligibility RequirementsRelocation: A Borrower may be eligible to obtain another FHA insured Mortgage without being required to sell an existing Property covered by an FHA-insured Mortgage if the Borrower is: • relocating or has relocated for an employment related reason; and • establishing or has established a new Principal Residence in an area more than 100 miles from the Borrower’s current Principal Residence.

Designed to prevent the ground from shifting.

This changes with a few factors but it works to prevent issues in buying the wrong property.

But what is to prevent a tenant from later claiming that they had made a timely - verbal - demand for their security deposit?

It prevents people from "sniping" other people's recruits and keeps things on the up and up. 

This would help prevent canceling any bookings and losing them when asking to re-book.Has anyone done this? 

If so, how did you deal with it or what verbiage did you use in your lease to prevent this?