You should know the standard formula for wholesaling. 

Your standard 30 year fixed, 15 year fixed etc...  

They raise standards, and now far fewer potential homebuyers can qualify and buy. 

At some point, this was standard building practice. 

Is this pretty standard, or should we be looking to change PM companies for future rentals? 

You know the process.This would be my first deal, wherein I would live for a few years before refinancing, pulling the cash out, and start in on investment properties in the Midwest or South.Pretty standard approach, right?

In my area old houses are very common and just the standard investment.

I have bought and sold a few as I have moved around over the years; all involving standard bank loans and real estate agents. 

to me there are credit lines and then there are credit lines.IE the vast majority have a heloc on their personal home or maybe a rental.. with a credit union local bank big bank etc.then you have credit Lines that are unsecured for business purposes .I have not heard of credit lines being frozen yet.. but I sure saw it a ton in the GFC.. and very few folks that get them on their personal resi or a rental.. actually read the fine print and therefor are shocked when they go to access their heloc for this deal they want and its frozen.our facilities are on one year terms with a mandatory 30 day rest per 12 months.. its been that way for me for 20 some years LOL.. mine are unsecured and of decent size i am not talking 50 to 100k..

I know that sounds absurd compared to the standards we're used to.