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

I'm concerned that if I place an ad to find people who will work on an hourly basis (in the area of the property) that I might have a hard time finding people who can reliably respond to emergencies during off hours, but I can't afford to have someone working full time or with standard on-call rotations. 

I have good standards.

I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license.

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...   

With rehabs you can get to significantly lower purchase prices and typically the lender will just be looking for  a100k+ ARV so that you can refinance out of the loan once rehab is completed (100k as-is value is pretty standard for DSCR loans).With rehabs experience is the biggest factor to LTV and rate so partnering up with someone for the first one or first 3 will get you significantly better terms (working in the same area can also provide benefits in terms of LTV).

I doubt there were any projects, other than your standard issue Ponzi scheme.

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

We sign a completely new lease with the new tenant after we make sure that they meet our rental standards.

Section 8 tenants can be great, but the properties do have to meet specific housing standards, so factor in potential renovation costs to ensure compliance.