. ;) There aren't restrictions at my local STR and I have to say my PM has been invaluable but there are still headaches. 

Although we all create pro formas based mostly on past results and partially on future predictions, events like 2008 meltdown, 2020 Covid, Detroit’s loss of 65% of their population over 60 years; California’s 1970s restrictive building policies, etc. makes me think of the old Yiddish proverb “Man plans, God laughs. 

I would hope to refinance or possibly even sell within 5 years.Hi Andy, reputable DSCR lenders should have options with a 5 year prepay (5 year, 4 year, 3 year, 2 year, and 1 year) down to no prepay options (some state specific restrictions) 

., job relocation, family needs), but the original intent must be genuine1.If the borrower moves out and rents the property after fulfilling the one-year intent, FHA does not restrict them from doing so.

However, California imposes an $800 annual franchise tax, plus an additional gross receipts fee if rental income exceeds $250,000.

Also, look at HOA rules and rental restrictions since they can make or break an investment strategy.As for sober living, I haven’t run one personally, but I know a couple of investors who did.

Condos can come with negatives including fees, restrictions, supply/demand when you attempt to sell and only 1 bathroom is a negative. 2.

I am helping a quite few out-of-country investors build their portfolios as well currently and I am very aware of the nuances that come with that factor alone from only being able to acquire funding up to a certain amount on your refinance, restrictions with the type of loan and structure, and other variables.

Bridge loans are easy and not restricted by cash flow at all. 

Hey Taissa, not uncommon and most lenders do have those restrictions since like already mentioned there isn't much profit of course.