Essentially they become an investor in a larger property (multi-family, self storage, etc), receiving a preferred return every month with ZERO action required while still staying exposed to the real estate market.

I will stay in one of the smaller rooms and rent the rest out. 

Then I thought : "I don't have full control of the process here [can't force people to respond to me, I do have some time constraints, etc] but there is one thing I can control: staying active on BP!"

In the Denver area the trend is for the larger municipalities ie Denver and Aurora to limit STR to primary residences or stays or 30 days or longer.

Their immigration lawyer has provided explanation letter that they will be able to stay 3+ years from now.Found guidelines in HUD Archive: https://archives.hud.gov/offices/hsg/sfh/ref/sfhp2...Unfortunately we cannot find a lender who is willing to follow them!

Unfortunately, even in an RV park the code still only permits people to stay for 6 months (see 8. e.)

Stay patient, stick to your criteria, and in the meantime just consume knowledge (about your local market, the SMF niche, your #s, etc).  

Also, they should be able to stay there (with minimal belongings) while the work is being done, do I need to compensate them at all for inconvienance, it will take about a week to rewire everything. 

Often times, your tenants will either not pay you (and stay) or simply move to the next property.

I only had it happen once where one tenant wanted to leave, and the other two wanted to stay.