Maybe the HOA there restricts units from being rentals.

I was wondering if any of you have a bank that is more investor friendly than my current one.  This is the second escrow I've had to push back because they refuse to wire money over $5k online.  They keep trying to ge...

These are income-restricted units (people over a certain income cannot buy them), which typically sell for about a third the market price initially.

Has anyone dealt with restrictions of transferability of membership, ownership or beneficial interests under Fannie or Freddie loan covenants? 

Zoning, setbacks, HOA restrictions, utilities (sewer, electrical, hvac) are all going to determine if something like this is even feasible let only financially possible.

This means that if you’re skilled at negotiating with building departments, you can cash out earlier in the process and sell your property once you get the full set of permits.This option can be a very valuable one if you’re in a restrictive market like the Bay Area.

These are called plaintiffs and defendants.Consequently, acquiring a property without benefit of title insurance means that the benefits to you of the "purchase" are most certainly restricted. 

I imagine because of the restrictions on investors' maximum contributions: If either the investor's annual income or net worth is less than $100,000, then they can only invest the greater of $2,000 or 5% of their annual income or net worth (whichever is less) on an annual basis in crowdfunding investments.

Is there any talk of restrictions on STRs?

I have since received the HOA bylaws and restrictions, and regarding the exterior paint it says "Exterior walls, roof and fencing around the courtyard are to be maintained by each homeowner in quality condition at all times.