However, short-term rentals where the owner is not providing meals may not fall under this definition.Legal Precedents: Various court cases have established that renting out a home for short periods does not automatically convert it to a commercial use, especially if the property is still being used primarily for residential purposes.HOA Enforcement: If the HOA decides to enforce this clause against short-term rentals, it may need to clarify its stance and possibly amend the CC&Rs to explicitly include or exclude short-term rentals to avoid confusion.In summary, while the CC&Rs may suggest restrictions, the interpretation can vary based on legal precedents and the specific wording of the documents.

I do walkthroughs ASAP before end of 10 day period and try to get their quotes for the work needed.

To avoid any confusion, this is not the same thing as ( “home sharing”, or an “owner-occupied rental.”)Improvements generally need to be depreciated over 15 years, note I said generally, depending on the nature of the improvement and how long the IRS standard depreciation period is for the cost and size of expenses.Strategies depend on a number of things including, but not limited to: type of property, your material participation, how long you plan to hold it, your goals.

only the appreciation gained during the leasing period?

I expect that we will experience another period of extremely low interest rates due to Govt intervention in economic crisis to prop rates. 

So I go by and sign papers. with a 48hr funding period. but mostly up to the seller's discretion. 

Even if the tenants are allergic, they can avoid that area for a short period of time, just like they would do in any outdoor space.

You have to give up control, pay high junk fees front loaded, potentially have money trapped for a long period of time, etc.  

Currently I am exploring investing in new construction rentals with the goal being to better calculate cash flow at the front end with maintenance/cap ex expenses being low for a prolonged period of time and predictable.

There are options our there that have no seasoning period of ownership for cash our refinances and others that are 3 months.