A few years ago I was in an offer and compromise, but I was kicked out the program due to me not getting a payment in after having my payment sent back to me for not having the correct name on the money order.The last few months I've been working with a advisor on building my credit at the same time establishing my business name to build business credit.

I will probably switch over to this form of investing once I get myself established.

-We have heard that we are super "extra" since we rent by the room and people aren't use to being so formal with room rentals, but we have established the rules and formality from day one.

The complication is that any mortgage would have to satisfy the laws, rules, and regulations of two different states.

California has regulations about this.

Does the Villages allow STR in their regulations?

It doesn’t include a unit in a hotel, motel, inn, or other establishment where more than half of the units are used on a transient basis.

Just as important as the Act itself is learning how the Residential Tenancies Tribunal (RTT) {formerly the Office of the Rentalsman} applies the law and the regulations which accompany the law.  

Read the agreement.The Fair Housing Act makes it unlawful to deny or limit housing because a family has children under the age of 18, and to make statements or establish rules and policies that discriminate against families with children.

Just to establish rental history worked well.