So the windows would be much less with this option.Just not sure if there is advantage in going with first option since I will have renters and any issues with windows are covered under warranty,Thanks for feedback.April in Georgia

I just spoke with Steve Lansbury VP of underwriting at Freddie Mac last Thursday at the MFE conference in Vegas and he said that they no longer have issues with STRs as long as it's under 10% of total units and that they would be willing to discuss it on a case by case basis. 

As long as you're doing longterm leases and you vett tenants well, HOA shouldn't be an issue.

Every time I rent to individuals less than that there are delinquent payment issues.

The whole Lady bird/FHA thing can have some hiccups and going FHA for your parent’s home will cause issues with you getting the next FHA home.Instead do a gift of Equity going Fannie Mae 5% down (use the gift of equity) to cover and for any closing costs.

Better to lose some rent than to have a significant issue with a tenant that would have the protections of a long term renter.   

Some people say multi families are harder to sell than single family houses because the buyer pool isn’t as big but I keep my properties in tip top condition and I just don’t see that as being an issue.

No pets means no pets.I usually explain to the tenants that it is an insurance issue.

If it is a duplex and silent on the issue and you offered it to this tenant gratis your state law may say something about it.

Bryce Muller posted a link to a site he made that addresses some of those issues at https://www.biggerpockets.com/forums/921/topics/1174578-migr...