On the fourth house, that inspection could find an issue that gives you the chance to back out, saving you thousands of dollars, making all of your money back on the prior inspections.

You just have to make sure that you follow the rules/regulations and disclose everything that is necessary. 

There are no laws/rules broken by doing this because you are giving away your own information.

We follow the ADA and FHA rules on emotional support animals, but this just gives us an uneasy feeling.

Do you have a rule of thumb ( numbers) that you use to determine how much a rehab is.

Cash flow is ~$350 a monthly but it doesn't meet the 2% rule (it's at 1.50%).

@Tara TunpichartiI avoid properties with HOAs, but other investors such as @Eric Hardt has made it work.I don't like dealing with HOA boards, special assessments, and how they might make things more miserable for an investor (changing rules etc). 

When I was in the Army as a SGT I stuck by one simple rule. 

This is just for Texas and these rules only apply on your primary home.

Again, this is conventional rules.