As long as you are not impacting them/filling any part, it should be no issue. 

Vacation rental products: Some banks are buying into the short term vacation rental action so long as the prospective property is miles away from your home of residence.

Average scenario 25% vacancy rate, average $575/night, and taking accelerated depreciation for the income tax savings (which are all but guaranteed so long as we can put the place on the market by the end of the year) gives cash on cash of 33% per year and IRR at 5 years of 56%. 

They just care that their asset is performing - as long as it is, they won't throw away money by calling it due. 

Called HUD and they said as long as it offers potable water and is a true full bathroom with shower toilet and sink, it doesn't matter which floor it's on.

Originally posted by @Scott Mac:It's not my business model, but having anyone live outdoors like an animal in the USA when they hand out Section-8 to illegals upon arrival is a hard pill to swallow.They need to sort the homeless into short term vs. forever types.Steer the help to the short-term helpable when they need it, and publicly house the "more eccentric" types out in the county away from civilization.Maybe have a poor farm where they can plant gardens to feed themselves if they are able...something to keep them busy.It would give all of them someplace to live indoors at least.This street begging/tents on sidewalks thing is Un-American.Just my 2 cents Of course you're from Austin....People--particularly addicts--engage in destructive behaviors as long as the cost of that behavior is lower than the benefit to them.

I believe if you plan on using that capital again and again then I would absolutely take out as much as possible AS LONG AS the there is still positive PURE cash flow.

But as long as you have a strong mindset and taking action, good things will keep coming your way.

As long as it cashflows and meets your criteria, then you should be fine! 

Most banks will just want to see that the homes are rented out bc they can use the rental income which helps offset.As long as the homes are rented you should be able to keep buying up to 10 total conventional loans.