As well, you may be restricted with setbacks, parking requirements and lot size/sqft ratios depending on the specifics of your property and the goal of your project. 

Anyways, Home Possible conventional 5% down payment program is a fantastic one to use, you just have to find a multifamily that is in a low income tract so there isn't a restriction on how much income you make. 

Thanks @Share Ross, Hi @Ella Miller, Share is correct that we have some restrictions on pre-approved HOA communities here in Central Florida.  

Anna for example growing from about 20,000 to 250,000 over the next few years....STR rentals are tough....cities hate them and keep implementing rules to restrict them. 

Odds are good if an LLC is involved that comingling could be a concern. 

Can i collect rents under current IRS restrictions?

We live above our short term rental so we usually can greet each of our guests but there are times we are out of town or the guest is arriving at an odd hour.

I choose to keep my own investing restricted to fix & flip, primarily because of the risk that bad tenants can pose. 

Look up the address on the city's database: https://www.cityofboston.gov/assessing/search/If you PM me I'm happy to help you do a little digging.Some red flags are: (1) odd basement units, (2) units without proper egress, and (3) units that were broken up several years ago without permits to try to limit the number of unrelated people living in one dwelling after new rules were put into effect.

There are certain ethical safeguards that must be included in some of your transactions when you are a licensed RE Broker in WA or anywhere else, but there is no restriction on your doing what any other private citizen can do; sell a piece of real property.