Hi all, I have been pouring through BP and many various other resources for about a year now in order to try my hand at wholesaling, and eventually rehabbing; I'm finally reached the point of action, but still have many questions. 

I have also gained a lot information in order to take action and put together a game plan in order to start my investing career into real estate.

You can rent the home, if you violate the acceleration clause or due on sale clause then you are subject to the lender taking action as agreed, at the lender's option. 

Are you asking about consumer purpose loans, such as those sold to or guaranteed by GSE's such as Fannie Mae, or asset-based business purpose loans obtained by real estate flippers?

This is no big time consuming matter, just call the bank, order the statements and you pay the fee to the bank for pulling the documents.

I decided it was time to STOP READING and TAKE ACTION.

Take action- even if you mess up, even if you are scared, take that all-important first step.

While I doubt they'd send you to the pokey for illegally renting an RV on airbnb (unless there was a grave injury or some other high profile badness on the premises), Orinda seems like the sort of place where people care quite a bit how their neighbors' actions affect their property values.  

They use a proprietary scoring model to calculate your FICO score based on information in your consumer (aka credit) report(s) from the three major credit reporting bureaus, Experian, Transunion, or Equifax.

It can be very time consuming sifting through threads that are similar in topic, but don't quite have what you are looking for.