The list of restrictions for each includes front, side, and rear yard setbacks, limits on the percentage of the lot that can be covered by the building, required parking, etc.If you want to put a duplex in a single family area, you may be able to do so - but first you'll need to get the property rezoned to permit that use.

Combining methods might be ideal, starting with monthly payments and adding lump sums when possible.

Thank you,Rami Risk/reward, it’s one of the only areas in region you can get a really good deal vs peak prices, but there’s obviously the risk it doesn’t come back or that it gets worse, I’m slightly risk adverse & crime is something that I have no control over, so I’d probably not be a buyer there but the prices certainly are interesting, if I was included to invest in a down home in dc I’d probably look more Michigan park/riggs park area.

Not sure how else I’d afford the combined million dollar price tag otherwise.

We currently have the below "bad debt" positions:Student loans - 50k (6%)Car loan - 29k (7.09%)2nd lien (current primary home) - 80k (6.08%)401k loan - 30k (9% - paid to yourself)401k loan - 20k (9.25% paid to yourself)Household income of 267k (not including bonus), roughly 100k cash currently and save around 6k a month not including yearly bonus's (33k + 14k = 47k net/yr) + 72k/yr (6k/mo x12) savings = 119k total net savings per year (rough estimate not including current rental)Should we pay off existing debt with the exception of our home loans (not including 2nd lien) or invest in a 250k townhome* that can rent anywhere from $2,000-$2,750/mo?

A combination of both?

The federal tax code establishes stringent criteria, including guest stays limited to seven days on average and the provision of basic hotel-like services, to qualify for this advantageous tax treatment.Understanding the mechanics of the short-term rental tax loophole is imperative.

Wealthability quoted me $15000 include tax planning and filing one personal and one business tax for one year? 

I have rented 2 of my properties for filming, including my own personal home (backyard) just last Sunday. 

For a primary residence purchase however, there are a lot more options including 3% down conventional programs and even 100% LTV FHA where the same lender gives you a loan for the 3.5% down payment.