I am sorry that the storm that passed through just prior to your stay required emergency roof repairs. 

Most individuals can originate the debt these projects require as well so its not as if your signature is opening the doors to properties these partners couldn't purchase on their own either.  

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.

If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

I am realizing some of the gaps in my book knowledge and the practical knowledge required to see a deal all the way through.

But is there a requirement that you need to full fill before making your first post?

They were thinking of planning another one that required massive loans (7 figures). 

Professional property managers stay updated on legal requirements through memberships in state or national organizations.