They have only posted the new rules that will go into effect for the July 1st 2009 date.Here is the site that outlines all the new rules and laws.http://www.pacontractorslicense.com

Fannie Mae is modifying this policy to allow investor and second home borrowers to own five to ten financed properties if they meet certain eligibility and underwriting and delivery requirements as outlined in this Announcement.The new guidelines include a 720 minimum credit score...

As I originally stated, a trust controlled by a bank had a regularly updated list of the pertinent properties and the instructions I originally outlined above. 

Registering the LLC with the state you want to incorporate in.3.Creating the companies operating agreement.You could do the first 2, the 3rd I recommend you get an attorney to do, the attorney does not need to be in the state you are incorporated just need it to outline how the company operates (single member, multi-member etc).

I would throw it back to the tenant, politely and simply explaining the requirements as outlined in the law, mention that you are glad to accept any ESA that meets the requirements and requesting that information in the proper format so you can make the appropriate accommodations. 

@Gary KaneSee IRS Publication 560 as it outlines the self-employment income rules.

It outlines the price you're offering as well as general terms and time-frames.

This book basically outlines all the steps and processes you need to build your core four ( lender, realtor, property manager and contractor). 

Seller - Usually your purchase contract outlines a process for disputes.

Outline where you want to be in five years.