On that note, it is always risky to go into deals with no agents on either side in my opinion as they are there to make sure the process is going smoothly and everything is following state regulations and is in compliance.

In my area STRs are licensed like small businesses, and regulated and taxed like hotels (which they basically are).

I understand that CFDs are extremely regulated (Texas). 

I have researched all the restrictions and I’m fine with the rules and regulations because we have funds that we can put to better use.

With the various types of loans and lengthy regulations for each, I'm curious what options are available if one couldn't provide 2 years history or proof of steady income.Obviously, this is all hypothetically speaking as I'm just thinking ahead to possible scenarios and sizing up options before moving forward.

First check into local zoning regulations allow for a bed n breakfast or cabins on one lot.

As of now we plan to purchase in the unincorporated section of Compton because we have been told there's less regulations compared to incorporated cities (code enforcement).

Burdening yourself with regulations that are easy to mess up seems riskier than simply setting up separate accounts and operating as if you were accountable to the rules required for an LLC.

I received a general e-mail this morning from FCI alerting note holders of a Final Rule from the CFPB that affects private investor owned notes with borrowers that have been affected by COVID.The CFPB Final Rule amends RESPA and requires note servicers to comply with "procedural safeguards" prior to initiating foreclosure between August 31 and December 31, 2021.Exceptions are loans that were 120+ days late before March 1, 2020, loans where statute of limitations expires prior to January 1, 2022, or if borrower abandoned property.Bottom line: it looks like there will be more red tape navigating "procedural safeguards" if you want to foreclose on a loan that became delinquent during COVID.For more info, try googling "CFPB Final Rule Part 1024 - Real Estate settlement Procedures Act (Regulation X)."

Maybe, though Denver's pretty diligent about enforcing this law and has a person's who's job is to find homes not operating within the regulations.