@Ricardo Morales - There are many condos that do allow STR, but you have to search hard to find them, and they are (IMO) pricier because the desirability from outside investors. 

@Jorge Morales I agree with @Matt Aquino.

@Mario Morales, if I were a flipper I would not split the profits 50-50. 

I’d always thought portfolio loans were either for commercial property or if for residential, had “worse” terms (shorter loan term, higher rate, etc.)Reading your post almost a year later and I’m in the same predicament.

My $1600ish is for a 2bed/2 bath which is pretty nice with lots of nice amenities too.Another thing, not to be picky, but not sure I want to move around just to rent again...what a predicament. 

So the moral of the story, be consistent with rent rate increases 3-8% my opinion. 

I think the best solution is to tell her that she work it out with the other resident with regards to timing when they can all take turns to park but you cannot enforce that as it will simply put another tenant in her predicament.

I just bought a new house and I’m in a bit of a predicament.

This also means that to maintain morale as a young buck eager to have fun, I would leverage any possible way to have fun at low or no expense. 

Kind of where law and morals clash.