And if you deny an applicant because of information contained in a credit report, you'll need to send them an adverse action notification.It's my understanding that federal fair housing laws do not apply to buildings with 4 or less units if the owner occupies one of the units.

In ten years it is more likely that the property interior will need updating as popular styles change but the structure will remain sound.

This is a popular consideration with FHA buyers.

I live in a town where vacation rentals are quite popular and I am interested in getting a few over the next few years.  

There is a statistic that "98% of people will end up dead or dead broke - depending on their family, friends, or the federal government for their main source of income by the age of 65 (danijohnson.com)!"

On top of that my town and the neighborhoods within have very popular facebook groups that everyone communicates through.

It is located in a popular area near downtown Dallas. 

Department of Treasury with usc exceptionState Tax LienLien by USA or Dept of JusticeUS Department of StateOther Federal AgenciesFrequent Superior Foreclosure-Liens:Code Enforcement for debris removal or mowingDemolition or Environmental Based Liens State child support lienBoard of County Commissioners for special assessmentsUtility LiensWater/Sewer Delinquency (only in selected states)County (and/or School/Township) for unpaid taxesCity for road improvements, maintenance

The penalties for violating federal (and some state's) securities regulations are CRIMINAL so you definitely don't want to DIY this. 

When the world central banks (including the Federal Reserve) can no longer keep the dollar propped up through treasury bill auctions, we'll likely see a spike in interest rates tied to those securities.