Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

I think I will go find my top favorite bad reviews when time allows. 

Also, they allowed me to put in way more money than I should have, being a nonaccredited investor. 

It would allow you to sell your STR and defer all the taxes to reinvest all the proceeds into another property or multiple properties. 

Also - lots of flippers allow their contractors to order materials but direct them to the supplier they want them ordered from! 

My retirement system doesn't allow for me to roll anything over given that I'm still employed with the company and also under 59.5 years old.

Future Appreciation: Holding onto the property allows for potential appreciation over time, especially since it’s in a neighborhood with homes ranging from $500k to $1.5 million.Pros of Renting: Steady Cash Flow: Renting the property, especially with an ADU, could generate substantial monthly income, especially since there’s no mortgage.

I have talked to the park management, and they said current owners do allow renting out as a rental, but the tenants would need to be approved by them. 

But ...The first thing I observed was the replacement cost portion of the quote, was, IMO, less than what it will actually cost to demolish the remains of the existing structure, pay for any hazardous waste removal following a catastrophic loss, and actually pay to replace the property in the event of a total loss, even though I used the quote feature to increase the replacement cost value by 20% (the maximum it would allow).

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.