If you come across this situation make sure to talk to local attorney so that you understand your responsibilities in your location.

My understanding is they don't appreciate as well as SFH, and the HOA may restrict them being a rental.

As we develop an understanding of the market, we'll open out to 6 months.

I am a newb who is gearing up to invest in multi family 4 and under so I don’t really understand how commercial lending works.

As best as I can understand it, they "joint venture" with the seller.

This step-by-step resource is designed to demystify the often complex world of lease agreements, providing you with a clear understanding of the process.

I am aiming for cash flow and appreciation both , i am clear with investment objective i.e. financial freedom, in terms of timeline - i have just started scratching the surface of real estate investing i want to learn as quickly i can and gain information in order to get started for searching deals, budget and risk tolerance would like to put a number when some progress i have made personally in understanding of whole process, my diligence and external factor dependency, that's why looking for some basics to understand and path going forward 

Bigger Pockets has many resources available in terms of where to start, certain metrics to understand, and strategy specific learning modules.

Something I don't understand is the peak season.

I understand that dealing with those long gaps between tenants in your rentals can be a real headache.