I'd have to know some more details but usually lenders can work with this type of income. 

. :)I would also suggest avoiding an HOA - it's an extra expense obviously, but their rules can change (like rental restrictions). 

We have been able to get a decent following and usually have 30ish people show up each month.

Heloc are also usually set up on a shorter term like a 15 or 20 year versus a 30 year mortgage.Mortgage will have No prepay and some Helocs carry a 1, 2, 3 year prepayment penalty.

This involves getting detailed estimates for all renovation work planned and adding a contingency budget (usually 10-20% extra) for unforeseen expenses.The Minimalist Approach for Rentals: If your strategy involves renting out the property, focusing on essential repairs and cosmetic updates can maximize ROI.

In my experience friends and family usually expect a heavy discount.

As usual talk with your accountant to get a proper answer :P 

Usually they lend at 65%-70% LTV.

Travel nurses will not only want it fully furnished, but may want linens supplied, and everything else for the house because they usually travel with only what they can fit in their vehicle.

Like, appealing the property assessment, upgrading heating systems, or creating extra income through storage units sounds smart.