What are your capital restrictions?

That sounds a little restrictive.

Does anyone know if a condo association (6 unit building) can pass rental restrictions that prevent you from renting?

Some restrictions and the like apply, but it's doable. 

we used to do a different conventional loan for each home early on. it was costly, time consuming and restrictive.  

. ;)- HOA restrictions (or future restrictions) as @Kim Bayless pointed out. - Yes, as others stated, you are responsible for collecting any TOT (transient occupancy tax) and submitting appropriately.

The HOA can implement renting restrictions at any time and then you are SOL.  

Business Plan (6/23/2016)Mission Statement:I strive to convert real estate properties that have become burdensome for current owners into blessings for new owners and tenants through various investing strategies such as wholesaling, fix-and-flipping, and buy-and-holding.Goals:Short Term (Over the Next 5 Years)Do my first wholesale dealForm an LLCGet my real estate licenseContinue building a funnel of leads that brings in 1-2 wholesale deals per monthStart building a portfolio of buy and hold propertiesPurchase our first primary residenceEstablish a team and marketing machine so that I can start confidently and efficiently operating with other strategies such as fix-and-flipping and buy-and-holding to generate more monthly deals, and faster and continuous capitalLong Term (Beyond the Next 5 Years)Build a portfolio of rental homes that are cash flowing a combined passive income of at least $6,600 monthly (33 units bringing in $200 monthly or some other dollars per door equivalent); I believe then I will have achieved financial freedom.No longer being restricted by HAVING to work full-time for someone else, I want to devote all my time and money to my family and using my God given gifts and talents to build relationships in which lives are transformed by the Gospel of Christ, and continue building passive income to fuel these endeavors until I die and the legacy is passed down to my childrenStrategy:Starting off, I plan to raise capital via wholesaling.

If so, I'm highly pissed....I didn't know the government can restrict you from doing anything with the basement...this is one of the reasons why we bought it for potentially more money...please help! 

I believe we can't advertise or put up a website without filing with the SEC, but are their other restrictions if we are just finding potential debt partners via networking?