Builders risk During rehab/vacancy.....homeowner/landlord policy when occupied after.

Are there special laws for being a landlord when I get my own home and rent out rooms.

I am not involved in wholesaling at all but anything landlord/property management is my life.  

I think the sweet spot is 4-5 bedrooms, 3-4 bathrooms, a fabulous Master Sweet (since they are likely footing the bill), sleeps 12 - 20, tons of activities (installed a pool table, corn hole game, etc...), and in my location of AZ a pool. 

Residential propertiea have a much larger pool of buyers, thus higher demand, thus higher price.Whether these are two quads, or a single 8 unit will be in thebtax records.

Happy to give more details of all the issues we put up with while living here just to avoid having to deal with the manager, but really wants some perspective from the landlords and experts here. 

Even if you did find a property that had such great cash flow, lenders won't count rental income until you've been a landlord for at least two years, and even then they only count 75% of your income.

@JD Martin, any landlord has the obligation to provide safe, clean housing. 

In the city of Chicago, the local ordinance is so tough on landlords, in that there are various requirements from depositing the security deposit in a separate interest bearing account all the way to a procedure that has to be followed if you intend on not refunding the earnest money deposit.

Ive challenged them on this since there was not vote by the homeowners, that im aware of, and they essentially quoted as 2008 law  that says the the board can: (18) Exercise any other powers necessary and proper for the governance and operation of the association.The reason they have implemented is that there was a bad landlord that allowed a tenant to rent that eventually got busted for drugs.