My goal is to have a team of investors with me who effectively pool money together to finance  and purchase residential homes through the LLC until selling to turn a profit.

I have a lead on a lot in a well established residential neighborhood.

Next, I found myself wondering whether it might be better to start with something residential and close to home.

Friends and family often call me in to help them negotiate car purchases (a personal specialty), real estate deals, residential and commercial lease agreements, credit / debt balance settlements, etc.

There are some exceptions for commercially zoned properties.In the NOLA.com article posted above, you will find this info:"The main change in the rules will allow short-term rentals to operate in residential areas only if the owner lives on the site and has a homestead exemption to prove that it’s their primary home.

I've always been a fan of going for the most rent you can get with a residential mortgage.

Was already doing residential investing and was needing a place to move my dry cleaning business.

The difficulty with the refinance part of BRRRR is when you use residential loans your credit and DTI are effected.  

Whereas the value of a residential property (1-4 units) is based solely on the comps and therefore market value.

But local governments are allowed to license and inspect properties.While the proposed changes would ban ordinances that specifically target vacation rentals, cities and counties would still be allowed to pass ordinances dealing with noise, parking and trash, so long as they apply to all residential properties, the bill’s supporters stressed Thursday.Much of the debate on the proposal focused on the property rights of people and businesses that own the vacation rentals and the property rights of neighboring homeowners.