Accept no further debt no matter how sexy it is until you’re approved for the desired amount.

I would also need to consult with the guidelines to determine if adjacent lots are acceptable on a program of that nature?

Once you have an accepted offer and get the deal under contract, you can check out the BP marketplace or message folks directly to share the details of the deal.

Pools are permitted.Contractor ApprovalContractor must be accepted by Renovation Department prior to final approval and be responsible for the entire project.

Now if I was running a hotel and accepting bookings outside of a registered hosting platform, I believe I would need to register.

A landlord who owns 5 or fewer single family rental homes, and no more than 5 total rental units including any single family rental homes, is not required to accept federal housing choice vouchers for the single family homes.A landlord is not prohibited from checking the credit of prospective tenant.

So maybe on the first one start a little easier and accept leaving money in the deal and gain back trust in the rehab market down the road.

Do you really need an LLC / how to write an offer / how can I raise my chances of getting an offer accepted / where can I find equity partners / any tipps for working with contractors or finding good ones / how to set up a contract with equity partners / how does the selling process work / tipps for advertising the fixed up property ...? 

Sellers will try to get away with this if they can.If you accept the deal like this with a defect, you can be sure that a future note buyer will expect a discount if you don't clean up the issue.As for FOMO, I think it's the nature of the beast for new investors.

Accept a shorter term rental.