I would have to start raising the rent right out the gate and this would most likely force them to move and then I really would have concrete in my toilets. lol

If you're willing to live like no-one else and sacrifice with an end goal in life (not just money, but people-time-service-things of value beyond money) you'll create a life for your family that will be a force for good and happiness.  

I think you will find that if your bank is placing the mortgage in the traditional markets, you will be forced to conform with Fannie Mae/Freddie Mac guidelines.  

All of my no/little money out of my pocket deals have ended up that way in the end, but not at time of purchase.Bought a few steeply discounted off-market properties, forced appreciation through fix-ups/rehab, then refinanced.  

Depending on how much rent your tenants are paying if you are forced to sell during their lease your property is likely not worth what you paid for it.

Instead of punishing Wall Street, the burden of compliance forced all the smaller firms out of business which benefited the big players who'd supposedly been so reckless a few years before.As far as its effect on business and investment, just look at the sluggish "recovery" of the last 8 years for evidence of an economy shackled by over-regulation and bureaucracy.  

My market here doesn't have a lot of good properties that allow for pets, and most pet owners are forced to move to the older part of town.

They should have been shooting for $40k (10% of ARV), which would have forced them to either get the home at the right price or forced them to walk away.  

Hiring a professional they would use the same products; typically starting with spraying down the area (Suspend or Talstar P are excellent products) , followed by baits (Advion,  Max Force gel). 

We plan to hold our property for the long term which mitigates that risk in my mind as it's unlikely we'll be forced to sell during a downturn.