If I were draft such a document it would probably include some of the following: > Previous historical STR business success/numbers (or other relevant REI experience)> Exit plans for property if they were restrict STR's and ability to liquidate or convert to standard rental> Revenue and Occupancy rate projections using industry 'approved' sites like Airdna.co>Cash flow projects with proof of expense amounts citing publicly available data In the end, the lender wants something predictable as a lease would give them on a standard rental purchase. 

First I foremost, thank you for time.I recently came across a 2 bedroom condo a few blocks away from me in Crown Heights, Brooklyn.

By building mixed use, you get better FAR, smaller setbacks, and more height, so what am I missing?

Be sure to tell your accountant that you now need to file non-resident income tax returns in each state where you own property as well.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

Do the jurisdictions currently restricted?

There are no prepayment penalties and no restrictions on what you can do with the proceeds of the 401k loan.

Is there any monetary restrictions for a fha loan?

I might have missed something on the government site.I know that in the UK, the regulator there, the FCA, has a path which allows a non-accredited investor (the UK term: restricted retail) to progress to accredited (the UK term: sophisticated).

Be sure to tell your accountant that you now need to file non-resident income tax returns in each state where you own property as well.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

Investment Info:Single-family residence wholesale investment in Citrus Heights.