., resident in the forums.Click on the "Education Tab" at the top of the page, and you could be spending many hours on the Information that is available.Raymond

I haven't done any deals yet (only my primary residence, which I'm considering converting to my first rental).

Hello @Alex Cowan and from one Arizona resident to another, welcome to Bigger Pockets!

It has a separate walk-out entrance, a gas heater, a kitchen and windows and has had a tenant residing in it for 9 years.

I haven't yet made any real estate investments beyond my own personal residence, but I've been interested in real estate for most of my adult life.  

Depending on how many properties you are owner financing, whether they are/were your primary residence, etc..., you may not be facing Dodd Frank issues  after all.  

I purchased a single family residence that had been on the market over a year in Wallingford, CT.

My current home (residence) in Okolona will be move-in ready, which I'd like to rent out as my first landlording gig.

Alternatively, if you said this was going to be purchased as a primary residence, then rented it out, you won't have been the 1st person in the world to mislead a lender with regards to owner occupancy status, but this strategy has its risks.  

If you don't have a mortgage in your name already, you can say its your personal residence then play your hand from there.