Fair warning for Denver metro area... 1% is tough to find.  

I know you said the weekdays are tough for you, but if you ever get the chance, we host a meetup in Northridge, every 3rd Thursday of the month.

Essentially you have to prove to the loan underwriters that you will be able to occupy the home within 60 or so days or they won't approve the loan.

Once that deal is done, unless you can prove fraud, there are no protections for the buyer.

Just move on.There's a lot more verification that could be done to sift down through this but I think you would waste a lot of time and wind up in the same place anyway.And remember, anyone with some skills in Word or Publisher software can create all kinds of fancy-dancy documents proving stuff.

I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

The idea of passive income through rental properties is very intriguing to me, and this is most definitely the route i would like to steer towards in the near future.I’m looking to start with single/multifamily homes in the Central VA area (yes I know this may prove to be challenging).

It seems to be a tough market right now; requiring creativity, ingenuity and a dedicated work ethic. 

It's a Landlord responsibility unless you can prove it was caused by the Tenant.

Some lenders don't seem aware of this though, so I actually had to go and find the actual language in the TX code to prove it to an underwriting depart.