Feel free to reach out!

LOL@Ti - nothing to say but since I included everyone in my response I didn't want you to feel left out - LOL!

Hi All,  is it legal for landlords to specify that the lease is for one person only? 

My client owns 3 SFRs and a commercial building for their business (in an LLC, used by the business but with personal guarantee).

I personally think you can, and if the former owner redeems, they get cutover timber land.

I feel a buyer would face same issue if getting a mortgage. 

Under the IRS rules, a person  qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent. 

Thinking of applying for HELO or Refinancing my personal home to get down payment for Rental Property.

Can I personally message someone.

Due to the owner occupancy rules and personal matters, I'm really trying to purchase in state.