I hope they consider that all STR owners are not huge corporations!

@Kenidi Robinson, build rapport with distressed property owners ASAP. 

There are also isolated cases where a vacant house is broken into and rented before the owner knows it.

I was told by the city employee that even if I got a permit for the property, only the owner can live in it.  

It would be an owner builder exercise and I could build the 800 square foot ADU for less than $150,000. 

Owner was very receptive to our initial offer and we were able to secure the property.

I would absolutely appreciate the opportunity if a property in your network is for sale and the owner does not want to put it on MLS. 

In the process of trying to track down the owner on our county website i found out it was bought by an out of state investor for wayyyy more than a non-renovated house should go for.

Just re-read your post, I had missed the part about it being a loan from the owner of the self-directed account and not an equity position! 

Not in Texas.QuonticRed Canoe Credit Union, WA ORRegionsRiver Bank & Trust, ALRivermark Credit Union, OR 90% LTVSCCU Florida 80% LTV, 2.75% first year promo, not LLCSECU NC 65% LTV rate 2.75% Oct 2021Signature Federal Credit Union 75% LTV (100% on primary residence), VASilvergate Bank, CASound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv."