My CPA suggested looking into an LLC for the SFHs, but said it wasn't strictly necessary, and I just haven't gotten around to it.

One question I like to ask when the City gives me an answer about their guidelines and regulations; how is it enforced?

Regulators have also relaxed rules to help consumers.

Daniel,From a strictly Insurance perspective, the Knob & Tube is an issue.

Get involve in your local market, assist to government events (now they are mostly virtual which is easier to be present) to learn about the projects the government has, new regulations, new highways, new developments approved, etc. 2.

- any advice on local laws / regulations to be aware ofThanks!

So, you will have to get commercial lending anyway since the conforming residential loans are only for, well, residential...No, you don't need a real estate license to invest...With commercial lending, its not really regulated as heavily like residential lending. 

This can be true from a strict numbers standpoint, but as you want to be an owner-occupier, I'd suggest you look beyond just the numbers.

All require a permit/license.I would definitely point you in Arvada's direction, as they've just put updated regulation into place allowing up to three owned properties to be run as short term rentals. 

Just read the cfpb sitehttp://www.consumerfinance.gov/regulations/integra...