I don't believe CC&Rs can legally restrict the number of rental properties in a given community but they can dictate the minimum duration of the lease. 

So now you're 20% return is more like 15%. not counting the increased restrictions by many municipalities, Market saturation by everyone jumping into the short term rental pool,  angst about reviews, unhappy neighbors, etc etc. what if there was a better way?

Or even restrict it to affordable housing limits I don't care. 

@John Ballard  Talk to your loan officer about buying two homes vs one. i don't know if there are restrictions on the VA loan. 

I pay people to put out signs for me, help with mailing campaigns (envelopes, stamps and labels), create mailing lists for me doing research on public records ect.

I'm just looking to buy real estate for rental or flip purposes.Dodd-Frank creates certain restrictions on the ability to sell real estate using seller financing (which don't apply because in this scenario because non-consumer purchases are exempt), but how does it impact someone's ability to market themselves as a real estate buyer who makes their purchases using custom tailored seller financed offers?

Delayed financing is when you pay cash for the property and cash out refinance prior to 6 months - There are some restrictions with this route - you can only cash out a max of your initial investment.

Have you checked rules and/or restrictions on kayaking to/from wherever you'll be stationed?

So in a nutshell my advise is to take a look at your marketing campaign and budget.

Who’s familiar with the new law (SB-1872) that restricts wholesaler in Illinois?