It really is a different animal than either long term or short term rentals so it's best to seek advice from others with experience in this niche.

We do want to get the appropriate permit but I am thinking that will take a lot more time and additional expenses to have it all in order and we need to be able to refinance it since we are purchasing cash (we are having a hard time with a lender which we initially wanted to do a rental 30 year loan, but not sure if there will denied due to this non permitted alterations to the house). 

My concerns is how should I handle and dealth with the temants when they become very demanding in terms of fix/repair things. 

Got a great price and decent rate with DSCR loan.

Theoretically, if I did enough work so that it fit my needs and lived in it as my primary, would I be violating any laws or aspects of an owner-occupied loan?

I am interested in owning long term rentals.

VA loan How did you add value to the deal?

There was so much appreciation during the pandemic that it will take years to settle back in line with long term trends.

That means you’re getting a loan that will require an appraisal.

Medium term opens up my property options.