Fast forward to today and one of those existing STR's has become a nuisance to the neighborhood and so the HOA board is planning to ban all STR's using what they believe are provisions in the CC&Rs to justify it and have consulted an attorney to validate the legal standing on implementing this ban.The CC&Rs were written in 1998 (before STR's was even a thing) and have these sections being cited by a couple members of the board as justification for banning the rentals (note there is not anything explicit about STR's in the documents)Section 1 – Single Family Residential – states in part, “… Lots… shall be used for no purpose other than residential purposes.”

I assume you’re going to be making all the sales and purchases in cash as you don’t want to get a $1M mortgage and then tell everyone you paid $100k when all the closing documents say otherwise. 

You will need two years of your 1099 documented income to qualify for a loan as a 1099 employee, both years of taxes complete for them to formally pre-approve you most likely.You need to bank as much money as possible.

If you're unable to visit the area, video walkthroughs and detailed photo documentation are essential.

If you do offer something like this, as you likely know, be sure to document it with a lease amendment signed by both parties.

You are disputing a condo agreement we do not have and we know nothing of your paint and vent beyond what you say.Regarding amending the lease, it can be a simple document you and your tenant sign stating that you are amending the term of the lease to be 2 years, and the tenant has an option to terminate the lease at 1 year.Regarding the bathroom, if it has a tub or shower and no other ventilation, I would go with the vent fan as the root cause.

They will need great documentation on how and where they got that money. 

Just seeing who requires new owners/landlords to provide their financial documentation upon signing a management agreement?

Did you witness the noise violations yourself, or did your tenants provide documentation?

@Renee Ren before you make any investment via Fundrise or any other crowdfunding marketplace, please carefully review the liquidity mechanisms as described in the offering documents and consult an experienced securities attorney if there is any ambiguity.