I also agree the North Park, South Park, University Heights, etc. is a great place to live. 

I would contact the lender for the Texas property to see if it's possible to eliminate the occupancy requirement, if you're right that the refi probably should have removed the restriction.2.

She agreed to lend me money in exchange for half of any deal, restricted to house flipping.

I had previously thought closing delays were due to the time required for financing, but I've had cash ready to go each time.If you add up all the actual expenses of the transfer, and all the time cost (3-8 weeks), it seems to me to be a hugely inefficient and expensive system.Now, I know the US has lots of political restrictions, and I'm not even going to research why or how the current system has been created or which vested interests it protects.

There is not any restriction to get a loan as out of state investor. 

BP is an awesome source of knowledge but don't restrict yourself to just this platform.

Start with ATV and income potential and work the numbers backwards from there.Next you need to make sure to fully understand the zoning and permitting process, costs, timeframes and what is required from the standpoint of utilities, parking, lot coverage, setbacks, height etc. 

Many cities and HOAs have outlawed or restricted short term rentals, and others are considering it. 

Are there any restrictions to bringing in homes?

Make sure you have ugly and noticeable signs (within code restrictions of course).