However, if you're not in an HOA (or in an HOA that doesn't restrict STR's - seems hard to find!)

Network with your local investor community and look for an opportunity to invest in a joint venture which would mean fewer restrictions than investing as a Limited Partner. 

If there is no provision or restriction then it’s up to you.  

Account ClosedThis topic gets discussed quite a bit and you often find people split on whether or not you should take distributions from restrictive retirement accounts.

Again, there may be association restrictions (if this is a condo or subdivision) and city requirements to be resolved. 

Hey guys, I was wondering if anyone has experience with deed restricted homes?

There is no legal restriction upon purchase, you will have to deal with FIRPTA upon a sale.

@Nick Causa as mentioned above it's too restrictive for a Hard Money lender to put a loan on a primary home....mainly meaning, they are not allowed to charge that high of an interest rate nor charge all of those fees on primary homes. 

It's too restrictive, and it takes too long.The two biggest reasons why I can do this are as follows:1 - Think of your cash as a "verb" and not a "noun". 

@Timothy GordonThere are no laws preventing or restricting you from purchasing real estate in Canada - possible exception being Prince Edward Island which restricts the amount land ownership to off-islanders (Canadians included).You will find financing is somewhat different than in the U.S.A. and when it comes to taxation, the CRA likes to get their payment up-front from non-residents.