@Mario Cruz-  try to  avoid  using a FHA loan because 1) the FHA loan includes a hugher upfront mtg ins premium fee of  1.75%  and  2) the monthly mortgage insunsurance is  high and  it is also  permanenet  ( meaning you cant  ask  lender to  elimnate it  when equity is  developed )  ...I would  suggest using a  conventional loan / putting as little as  3-5% down ....keep the  FHA  loan idea   avaiable to  use  for a  future  purchase  ( if needed)

Because of this, as you noted they offer a rent premium.2.

Pre-pay will be 1 year lockout and then 1% after that and no premium for the final 90 days.

Your new tenant will sign a one year lease.Or offer a shorter-term at a premium rent.

that can write up my policies to abide by my lender's conditions (125% of Replacement Costs or at least the Loan Amount, etc.).Whenever there is damage I just repair it myself since 1) we have an in-house construction crew and 2) my deductibles are insane: believe it or not, I have to keep my deductibles around $10-15k/property to get my premium down to ~$1,000/property.

I knew if i could get this deal, I would be able to charge a premium for rent given the lack of inventory.

Our property manager lists all of our rentals on Zillow and from the data I see, it is the platform that generates the most tenant bookings for a property tour.I believe it is free, unless you want to pay $30/month for their premium version.Please do not hesitate to reach out, connect, and DM me if you want to discuss more.

You can often get an ever so slight premium if you have higher rents and/or better finishes than other properties in the area, but if you are getting double the rents of comparable properties, you are not going to get double the value of what others sell for.  

My question is what are the rules for pro/premium?

Obviously the premiums are a waste of the borrower's money so worth considering .