Lenders will lend the lower of the amount between LTC and LTV.Do you require an appraisal and survey?

Quote from @Jordan Kaylor: What is a “seasoning requirement”?  

The income requirement was $6000.

To vet guests, you can use a pre-booking form, ask about their plans, and require an ID and signed agreement.

What legal requirements should I be aware of?

Fix and Flip -Requires a minimum down payment of 10% with 100% of the rehab financed. 

Although, some of the information was not required either time and some was required both times.

If it requires a mobile closing we use Michigan Investment Title because they willclose anywhere at no cost unless it's a ruralarea but downside is they require wires for everything which alot of title companies are starting to require anyways.

Cleared the metering requirements on license being issued? 

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.