So after you're done rehabbing, if you transfer title back into your name, you'll have to wait an additional 6 months (unless you want to be limited by the purchase price as your value).

In the Denver area the trend is for the larger municipalities ie Denver and Aurora to limit STR to primary residences or stays or 30 days or longer.

None of our properties are RV parks or Campgrounds though, so we are limited by code.It works out good for us. 

I want to finance for purchase and cash out refinance some other properties which I own with 100% equity.My credit score is 740.My work contract is limited and will end Dec 2018.

I have always been acutely aware of this limitation because in real estate we often do business with people that we also invest with.

We will have liability up to 1M on the property.My questions stem from loan/Asset Protection.If we were sued, and for the sake of this discussion we are sued and lose $2m, would we only lose our $1m (insurance proceeds) and 20% capital (assuming we have to sell the property). 

Furthermore, when you decide to sell these types of properties you will have a very limited buyer pool.

If I'm reading the rules correctly, under 10,000 square feet, RH lots are limited to 1 unit/2,000 with maximum building coverage of 85%.

My limited experience suggests that it should be around $230-$240k, but I'd sure like a second or third opinion on the matter.

The reason I have the departing roommate pay the fee even though the other residents are staying is because I will draft up a new lease that does not have the departing roommate's name or info on it, that way if the roommates who are staying stop paying and have to be evicted, the departing tenant has no liability on the lease and will not be connected with an eviction.