., the 12-month occupancy requirement for a Primary Residence), andThe Servicer notifies the original owner or natural person that the Mortgaged Premises transferred to an LLC/LP must be transferred back to the original owner or natural person prior to any subsequent refinance or modification application to meet Freddie Mac’s underwriting requirements

It was my primary residence but I've subsequently rented it out.

Prior to doing so, I met with my lawyer and CPA about forming one, and they ALL agreed an LLC was the way to go for me, and said I'd be wasting money having them do it and to use LegalZoom instead for the first one and use it as a template for any subsequent LLC's I want to form (for rentals).  

You can then assume a 3% to 5% annual increase in the assessed value for subsequent years + 1% increase in the mileage rate.Keep also in mind that there is a 4% discount if you pay the bill by Nov, 3% by December and so on

It's not unusual for sellers to get away with a non-permitted use where a subsequent owner will not have the same option.

I think I was so tired the first few times I was thinking it may have only applied ot the first month late and not the subsequent months.

Therefore if you repatriate earnings in a subsequent year you do not benefit from the foreign tax credit and pay full tax at the Canadian rate with no offset on what was already paid in the US. 

Subsequent years should be easier, unless you continue to grow, but that's a good problem to have.

It is hard to know whether subsequent recessions will behave like past recessions, but I can say with a lot of confidence that STRs are not recession resistant (even in drive to locations) and in my market they were more impacted by the GR than LTRs (which had very little impact in my market due to so much housing sitting empty - rents stayed the same and vacancy rates did not increase in the San Diego market).   

I have been very successful in enterprise telecommunications sales rep and have won multiple presidents clubs throughout my career.