I would recommend you find the exact wording that makes the existing home not eligible to STR.  

This is a great place to share thoughts, ask questions and learn from the experienced investors throughout the BP community.For new PRO members, I recommend 2 things:1.

I'd highly recommend looking at going to the Investor lab events or join the local REI.

That said, I'd recommend focusing on locations with high sales volume as you will have more options to choose from in these locations.So far this year, 240 multifamily properties (2-4 units) have sold in the Bronx - Source OneKeyMLSThe neighborhoods with the most sold properties are:- Wakefield and surrounding North Bronx neighborhoods (31 sold in '24)- Throggs Neck and surrounding Southeast Bronx neighborhoods (31 sold in '24)- Pelham Gardens (30 sold in '24)- Pelham Bay (28 sold in '24)These areas account for 50% of the recent Bronx multifamily sales... focus here to have more options!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The key is to find someone you trust, which is why I recommend using Property Management Finder.

With my current cash reserve, I can probably get 3 or 4 more properties at 20% down before my funds are depleted.What would you recommend?

I invest in Memphis, TN, and I've checked several of the sites (Hubzu, Williams, Realty.com, etc).Is there a site that you'd recommend using?

I typically recommend my clients allow me to set up a Trust for their family.

I would recommend saving up more or working with another experienced investor to make sure you have 6 months reserves, 25% down + Closing.