There's a misconception that these loans are loosely originated, similar to 'NINJA' loans, which contributed to the previous real estate crash.I have included a Bigger Pockets article that goes over the documents and nuances for a DSCR loan, which sounds like a great option for your scenario.

Daily, I get a BP email with articles of real estate interest.

Interesting article for any new construction owners with a 10 year tax abatement who received significant land value increase: https://whyy.org/articles/recent-court-ruling-opens-door-homeowners-appeal-tax-bill/

Looking for suggestions and recommendation. thank you  Hi - plenty of options in this thread, just adding a STR Financing Options article I published on BP last year in case you haven't seen it - hope it can help!

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

As for the Media scare, I saw one news article touting a $100k special assesment on a HOA and when I pulled up the building the average cost of fire sale condos are $3M TO $5M and part of the special assesment was to cover new unneeded landscaping. 

From the same article:"When you closed your VA loan, you may have signed a VA Guaranteed Loan and Assumption Policy Rider.

From the article -"Have had enough of dodging gangs of violent drug addicts just to get in and out of the building," Musk posted.

Best, Justin  Hi Justin - as you've noted - DSCR Loans are typically the best bet for this (Mid Term Rentals) and typically are for these newer/innovative strategies as DSCR Loans are typically done by private lenders that can move and adapt fast (versus slower moving lenders that must follow GSE guidance or banks that are under a lot of regulation and bureaucracy)Check out this article published at the end of last year here on BP that talked about "whats coming next for DSCR Loans in 2024" - Medium Term Rental financing solutions was one of the main topics!

Scott Trench's new article   Millions of Americans Should Keep Their Homes as Rentals, Not Sell.