I'm not claiming to be a tax or legal expert, but this is what I have seen done before.

Then convince yourself you now have an ownership interest in the property and that this protects you legally.

But seriously, there are plenty of legal short term rentals & even a bunch of legal 30 day rentals.

I figured if I were to get a real estate agent then the private seller would legally need to be represented as well so I would need to find them a real estate agent as well.Okay, let’s say I get past the contract point and the seller accepts my contract.

One question I hadn't thought of for a development like this - how much does it cost to get an HOA going with all the legal paperwork and CCR's?

Or is it legal to use current leases content just changing my name and dates, print it out and have them signed?

As long as the relocation meets the two requirements above.Increase in Family Size - A borrower may be eligible for another house with an FHA-insured mortgage if the borrower provides satisfactory evidence thatThe has had in increase in legal dependents and the property now fails to meet the family’s needs; andThe loan-to-value (LTV) ratio on the current principal residence is equal to or less than 75% or is paid down to that amount, determined by comparing the outstanding mortgage balance to a current residential appraisal.Vacating a jointly-owned Property - A borrower may be eligible for another FHA-insured mortgage if the borrower is vacating (with no intent to return such as divorce, legal separation, etc...) the principal residence which will remain occupied by the existing co-borrower.

From what I know, if you are managing other property besides your own you must have a RE license and operate under a broker in MN as you are dealing with legal contracts.

Ethics are not legislated in many cases but imposed under our legal system under concepts of common and uniform law. 

In the state of Florida is it legal to ask applicants for date of birth and social security number?