Again, I am trying to practice and run some numbers on potential investments and would like help since I am just starting to learn the games of real estate and underwriting deals.

It is good practice to obtain the L&I affidavit of continuous use from the seller as this can sometimes improve the chances of securing the rental license even if more than 3 years has lapsed.To demonstrate the uncertainty of L&I when rental licenses have lapsed for more than 3 consecutive years I will share a recent transaction of mine. 

Small banks use to do this before such practices were regulated and many got in trouble in attempting to influence a borrower, thus the regulation.

Hey BP,Looking to get some insights on best practices when vetting buyers and introducing acquisition services.

For self-managing landlords, what are some of your favorite practices and policies to mitgate your fears and and potential losses around pets?

Lloyds of London is practically the originator of insurance, and only writes on non-admitted paper. 

I managed three teams consisting of 3-4 employees each and led all their projects simultaneously, while overseeing accounting, marketing, and financial operations.

Considering Airbnb has the co-hosting feature, they're really a non-issue.I'm looking for advice on best practices for managing booking payouts in this scenario.

What are the best practices for managing the financials of such a varied investment portfolio?

Depending on the lender and the product if it is non-comforming you may not need to wait that time and you may not receive a LE or CD, but still most lenders will have it as a standard practice to be safe.