But I've never heard of anyone from the lender coming and physically checking to see if your 'clothes and toothbrush' are actually there to confirm you living there. 

Living in it for a year lets you test MTR demand and refine your STR strategy.

Quote from @Matt Wan: Can I purchase a property using a traditional mortgage without being physically present for any part of the process?

Did you walk the home before purchase, and are there physically 5 separate rooms?

I know there is a lot of demand for smaller cabins in PF.

However, they are hard on the physical property. expectations before they move in matter most, if you share the clear rules about what is expected, and what isn't, and remind them that you are connected (even from a distance), I expect it could turn out well. make sure you aren't putting in high dollar nice things.

The latter would create mortgage rates issues, the former will eliminate a lot of fake demand and some material real demand in the housing market that is bid side.Mortgage rates higher + build costs higher(less labor + tariffs)= Kill demand.

Hand your tenants a physical binder with all of the information you have compiled for their review.5.

Fill out pdf's for each tenant/unit, print them, put in envelopes one for mail and one to put on the door, stamp each envelope and address, physically deliver to properties all over the state.

I just got an email from the HOA attorney demanding close to $2000 for past due fees.