What area of practice--Landlord-Tenant? 

That seemed a little more hands off and easier to control if you will.

I regularly attend workshops and seminars to stay updated on industry trends and best practices.

How are we seeing this rule change play out in practice?

Hiring a Property ManagerManaging Yourself:Control: You have direct control over tenant selection, maintenance decisions, and overall management style.Cost Savings: You save on property management fees, which can range from 8-12% of monthly rental income.Challenges: Being across the country means responding to emergencies or maintenance issues can be tough.

My practice is to send a .pdf copy of only the first one or two pages of the DU showing approval only and strength of qualifications such as Fico Score etc...   

If its "expensive", you would want to have control over making sure it wasn't damaged or lost or you wouldn't consent to it being removed at all.

Be aware, they do not practice safe creative financing nor do they understand how to deal with the problems as they arise.

I did a local renovation where I was onsite at least once a week and I went over budget by more than $50,000 but because California properties appreciate or at least hold their value.If you can find a way to invest in the LA area or within driving distance you have a lot more control than buying 2000 miles away and doing a renovation from far away.

As posted above, though, OPM may not be practical for a novice investor.