Then I sold my biggest building to an out of state investor. was going to do 10% seller financing but bank wanted to put restrictions on how he could pay me so I sold him that building (11 unit) traditional and seller financed (100%) a 2 unit to get him more units under control for less money.

If you are unfortunate enough to get called due, your re-fi options are restricted because your collateral is no longer the real property, but the note you took back for the property. 

I suspect both of these will say "yes."3rd Ask the seller of the lots for copies of the "Setbacks" and the "Covenants and Restrictions" for the neighborhood. 

I'm looking for suggestions on financing and/or grant programs for rent/income-restricted properties, in particular the HUD "HOME" program.Thanks in advance!

There is no restriction on using a conventional after the year in the FHA house.

I need to educate myself on the restrictions there.

I do not like some of the restrictions on 203k loans but i would be willing to go that route if it would work for me.

Are you asking what can be advertised on signage for your rental or if you are generally able to restrict the number of occupants in your rental?

We do have some restrictions on large fish tanks just due to weight and water damage if they leak.

@JD Martin thanks, would there be any way I could make sure the owner isn't restricted by some judgement to sell the properties in relation to some ongoing legal matter?