Once you establish your REA license, you'll find that depending on who you broker with, that brokerage may have rules that will restrict you in doing some of the things you would want to do as a REI.  

Curious to hear responses on this, as it is a question I am debating too, before beginning to invest in the Columbus area.A nice rule of thumb I heard is that worse areas tend to have better cash flow potential but lower appreciation potential. 

The home rule only applies to Non Owner and 2nd homes. 

Again, I just feel that starting out may be rocky if going at it full time without a real estate portfolio built to support me, or some sort of part time job to help fund my savings.

This FHA 90 day flip rule certainly causes confusion.I am getting conflicting info of which date to go by as far as the acquisition date to use for this time measurement.  

Guys sorry 1 more thing- if you use listsource very much, call their customer support line, ask to talk to manager, and ask to be upgraded to a bulk list buyer (or whatever they call it).

Thank you biggerpockets community for the instruction and support that has allowed us to be in the position to need to ask these questions. 

If as an owner I live in the house for a few years then I rent it out again, does the old "rental control" rule come back to this same unit?

Thank you both : )Matt - For a foreigner it is very hard to choose an area, especially in a country that New York alone is bigger than my own country LOLIf for example I want to choose an area in my country, it will still be easier even if I'm not familiar with real estate and even if I didn't visit it all (I didn't see most of my country :) ), because I know the language, the people, the rules (!!)

I told him that it is the building rule and I want to enforce it.