But they are working hard to try and make the permits non-transferable.

Lot's of exciting traction in the MTR space.

Some lenders do have minimum credit scores to access these loan types, but it is the exact same qualifications for income and assets as non renovation loans. 

And if your selling NON mls props its hard to run data..

In many places if you are not opening up walls in that space you don't have to bring that up to modern codes.

There are significantly less opportunities for HELOC on non-owner occupied but there are some (you would likely need to investigate to find a few).  

Hopefully all of your residents are feeling merry.While Santa does need to give 24 hours notice before going down a chimney into a resident's space, does he have any plans to leave a present at your properties?

Lots of fakes out there so be careful.And its not so  much they will steal up front money from you.. but you waste time and money finding a place thinking they are going to fund you put up non refundable EM spend money on inspections only to have your deal die because you got with someone who cant fund or never could fund. 

Some states require 2-3 years’ experience as a loan officer first along with you need to open or rent an office space (brick and mortar).

You won't be forced to de-convert unless you have violations...eventually the city will start fining you.Very critical terms are non-conforming (no violations - grandfathered in) vs. illegal (violations)...