Follow RobertNichols on IG (who also has a hard money company OnyxCapital, btw).

However, many lenders and insurance companies are tightening restrictions and premiums for these types of properties.

Are you intentionally looking to outsource the management and day to day operations to a management company versus self-managing? 

The outcome was great.. they secured a mid-century home with a rental unit that offered both a comfortable living space and a reliable income stream.On a personal note, a friend of mine made a bold move and purchased in a slightly less popular area.

Overland Park, KS vs Kansas City, MO) Very landlord friendly, worst case eviction is usually 8 weeks + $500 + lost rent (cannot comment on individual cases and this is not legal advice) Large diverse metro area - variety of jobs, companies, people can have a career in KC.

Another option is setting up a legitimate virtual office through companies that specialize in meeting Google’s requirements—just make sure they provide suite numbers and not P.O. boxes. 

I have spoken to both a mortgage banker and a modular cabin company and explained our situation.

My wife has focused entirely on residential real estate but now that I am a BDM for a PM company she is also expanding into helping investors. 

Regarding calculating ARV, we also own a mortgage company and a real estate company, we we do a CMA using the MLS.

Voluntary Compliance: A reporting company can still voluntarily comply with the law if they so choose.