I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

I think i just posted on this thread one I am funding for one of my land flippers later this month 47 acres in Washington state that has "by right " short plat rules so as long as you meet base zoning and road frontages for each parcel you can do a 4X split by simply surveying and recording the new lots..

I usually use 1% rule and low 200's with 1600 month won't do it. 

They will investigate and see if any rules were violated.

Current thinking is:a) 70% rule, for immediate resale scenariob) BRRRR, Build and hold as rental scenario Thanks in advance for any suggestions!

Asking in the correct forum will get a better response.Read the RULES!

The ruling may be overturned.I do hope that this act is struck down. 

Quote from @Glen Wiley: I am not a big fan of those rules - I think they are too simplistic.What will your interest rate be?

My rule of thumb is the more details you include about the property the more quality leads that you obtain.

Not sure if his new book covers which states have exceptions to the rule but reach out to him.