Then find out if rules were to ever reverse, do the CC&RR's have a clause protecting existing rental permit owners so they are grandfathered in despite any changes in the future.Also, check the OTA's to see if anyone in this desirable lake location are advertising their 30+ day rental.

Find a local lender (probably a credit union as they love these) that offers 2nd mortgages - sometimes called Jr mortgages, HE-loans, or closed-end seconds.

Giving me the opportunity to better provide for my family and give back to my local community!

I have found my private investors by the following - personal friends, local meetups, real estate conferences.

We have a local STR organization that has filed suit against the STR quota implementation.   

I'm looking into multifamily (duplex & self landlording) in my local area to get started, but my tri-state area (CT/NY/NJ) has a high entry price point that I'm concerned with over leveraging myself and losing liquidity on my first deal. 

you would do the public good to file a complaint with the DRE in your state and send the fact pattern to Insurance commissioner filing a complaint against the tile company .. and send to the local DA and AG.. 

I was at a local meet-up last evening and one of the folks recently purchased a list.

Do you advertise shared space for the kitchen?

Aim for a $75,000 ARV to play it "safe".As far as private money you would probably have to find someone local that knows the area and wouldn't have a problem taking ownership of a property like this if things go sideways.My guess is you'll have a tough time finding an individual that wants to loan on it.