If I use a RMLO service I assume they cover the Dodd Frank and other consumer rules?

Focus on buying below market value, running numbers first (cash flow, 1% rule), and choosing a landlord-friendly location with job growth.

In a very loose rule-of-thumb estimate, your Net Income (revenue minus expense) may be about 50~60% of the gross revenue. 

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.

I have two primary rules of investing 1.

A warranty can bring peace of mind, especially if the tenant values quality and reliability.Here’s our rule of thumb:For budget-friendly rehabs: Used appliances from a reputable source can be a smart choice.

So is it a matter or reaching out to lenders saying I'm willing and able to act as a broker and ask for their terms/rules?

Hard and fast rule for me no pools at tenant properties. 

It’s all about securing the right agreements and understanding the rules. 

In most states, Airbnb rules are city and county specific.