My property is in Twentynine Palms so I can't "assume" the current license while applying for a new one. 

They still look at you and anyone else applying for the loan.

I suspect the person who originally turned it into a fiveplex only applied for permits to make a fourplex and then did the 5th unit fly by night (perhaps at a later date) in order so the property would still be considered residential and allow for better financing possibilities.

I consulted with a real estate lawyer a few times this year who said it's very hard to sue for negligence and they advised against taking legal action, especially since the property manager at least followed through on the eviction and repairs.I've now asked the property management company to apply a $4k credit for all the challenges I've had working with them.

I would get the new tenant to apply and process it per your criteria.  

It would not surprise me if they were acquiring the paper and servicing rights to take an inside line on refi's for these customers if rates decline.Actually CFPB regs may NOT apply if the subject loans are investment or commercial property loans and not SFR owner occupied or consumer loans. 

Sure, you can apply a huge contingency to anything as a safeguard but that won’t help you win many deals.

Rent control on MF and if prop 33 passes (last polling I saw had it ahead) it could apply to all housing.  

It does not apply to someone in the early stages of their wealth building journey.

When this is applied to frontage lot situations your development costs are minimal because subdivision approval is NOT required.