In addition if you plan to rent by the room after you move out, check zoning because that style of rental is sometimes called a "rooming house" and regulated differently and may not be allowed where your home is.

My other solution would be to furnish the home and turn it into a midterm rental, if you have some reserves.

We are looking at purchasing a home and renting it out in an area that we want to live in eventually in the Tahoe area.

Bryan, with older VAs, the pricipal has been reduced so there can easily be enough bandwidth, newer VAs I beleive go up to something like 200+K, doesn't mean they use all of that to buy the first home under a VA, so there can be more to tap into, especially at today's prices.The best way to disclose, IMO, is to say that you may not be eligible for another VA loan, I wouldn't tell them they can't unless I looked at their entitlements and loan balances.I haven't done VAs for so,me years now, the amounts of the entitlements change with the median price of homes, I have never seen them come down, but I guess they could...later

This includes VHR Permits that were not submitted for renewal prior to the expiration date of the permit.On December 2, 2020, the El Dorado County Board of Supervisors voted to approve amendments to the Vacation Home Rental Ordinance.

Any tips or insights navigating the current market conditions?

I have seen some decent lots sizes as well to add in an ADU or Carriage Home/mother in law suite. 

Impulsively, I would go to the home and confront them but don’t.

Currently house hacking (rent by the room) in my primary home (1st property) in Texas while working out of state.

Looking for advice on best strategy/next step following sale of a home we owned in Florida as an STR.Background: Sold 3bed/3bth home, have approx $600k equity.