Zoning laws tend to get more restrictive, not less.What would happen if the market turns?

Seller can not evict them yet due to covid restrictions.

If they have, it's probably a good idea to talk to a local real-estate lawyer about what to do.Some states have laws or executive orders in place that restrict evictions, more than what the CDC ban does. 

Although AZ STR laws are favorable now, there have been rumblings for a long time about pressuring the governor to allow cities to enact their own restrictions. 

That said, I should be able to qualify regardless, so I shouldn't restrict myself.Seeing as I'm more focused on appreciation / value-add projects (for the sake of BRRRR), SFH's also make sense.

Virginia Beach is the most restrictive, and their requirement is no more than 2 reservations per week.  

We only have the CDC restriction and no add’l local restrictions.

I’m still very new and trying to shove all of these “methods”, requirements and restrictions etc into my mind at once - it can get a little confusing lol thank you for responding.

Thanks to you, I was reminded something one of my mentors taught me a long time ago: never assume anything.Indeed, properties similar to what you can buy in the US cost much less in Mexico, can generate a much higher rental income and unlike the US and Canada, Mexico doesn't restrict short-term rentals; it welcomes them.

While I agree with you Wayne, its worth pointing out the irony of the lender being exempt, while also critiquing the property with a fine tooth comb during origination, looking for any reason to deny the loan or restrict it.