@Andrew Boettcher Attorney fees to buy, then again for selling, ugh.I'm going to check the numbers to see if renting will cover my cost of ownership and check the HOA restrictions regarding subletting for a long-term buy/hold after living there for a bit. 

Too many restrictions on miles and cash in hand is more powerful (cash can be used for travel if so desired too). 

It's very unlikely that you can add additional units since there's already a second unit and new zoning doesn't allow - plus the setbacks of this current zoning is more restrictive than it used to be in that neighborhood. 

Neither the preceding sentence nor any provision pursuant thereto in a limited liability company agreement or certificate of formation shall (i) restrict a series or limited liability company on behalf of a series from agreeing in the limited liability company agreement or otherwise that any or all of the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the limited liability company generally or any other series thereof shall be enforceable against the assets of such series or (ii) restrict a limited liability company from agreeing in the limited liability company agreement or otherwise that any or all of the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a series shall be enforceable against the assets of the limited liability company generally.

So 7 can fit in that house unless your local jurisdiction has a more restrictive law.

If the local market is very hot, price it 5%-ish below the actual market value, restrict showings until the first open house, get all the buyers banging into each other at the open, solicit offers by 6 PM the next day. 

They may look to the legislature to put restrictions on these types of real estate transactions.Consumer Advisory: Long-term Home Ownership Concerns (Wholesaling/Assigning Transactions and Distressed Rescue Transactions)While these transactions serve a purpose is keeping properties moving, there is a right way and a wrong way to do it.

The drawback that I have seen so far is that I cannot restrict the property manager to being able to see only the properties that he manages for me (i.e., if I want him to have access to the account he will also be able to see other properties that I may own but he is not involved in). 

Fannie has/d a deed restriction on their homes that prevented a lot of buyers from flipping them as-is.

Banks are bullies and restrictive