Furthermore you can vastly increase your returns through leverage using a non-recourse loan but that will definitely trigger UBIT but again the numbers can still make a lot of sense. 

You are selling the business itself and with the sale of the business, the electronic assets get included.I've heard of people doing this exact thing to circumvent non-transferable agreements.

Another option is to put an electronic deadbolt on the front door with a non-locking door knob.

There are bridge & DSCR lenders that can finance a non-warrantable condo.

I know property managers in every state who use non-refundable application fees and it is the standard for every class of property and applicant.

Another example of this is Newark, extremely strict laws making land lording a second job.When finding the right area to invest, towns with more lenient land lording laws and proximity to public transportation tend to be a receipt for success.  

Since leveraging this tax strategy could save you significantly on taxes if you do qualify you might want to seek personalized advice, that's tough to get in a public forum, to avoid missing out or getting audited and failing audit. ...

Each change took a meeting, then two different public hearings, then a Board approval meeting. 

Having you live there, could put them in some legal trouble if it ever became public with what you are doing.

I’m a broker that has access to conventional, non-QM, and hard money loans.