But everyone who is operating with a legally obtained license will be grandfathered in as a "non conforming use." 

Standard Conventional conforming 30 year loan.

Those are conforming, 30-year fixed loans, you can house-hack them, etc.  

One of his specialties is working with investors - his company has some unique programs exclusive to them, and keeping their loans serviced in house, they don't conform to various overlays that some other lenders have to.

For conforming loans (which would include the Fannie Mae 5-10) semi-liquid assets are discounted to 70% of fully-vested value to account for the 10% penalty and 20% in taxes.

Looks like the consensus is "install granite" and I agree as it conforms to the home and area.

.#1 2 bed 1 Bath (full finished non-conforming basement) SFH Assessed at $67,980 Listed 3/21/13 for $68,500 dropped to $59,500 6/14/13.

If offer does not conform to those guidelines, short sale will be declined and likely no offer from that buyer will be considered in the future.

Use whatever date actually works for them, there's nothing magic about rent being due on the 1st.At the end of the lease, if you choose not to renew, give notice in conformance with the lease terms and local law.

Neither of mine have conformed to either rule but I've still made money in equity, taxes, and asset increases...with some cash flow.