Find a bank that fits your criteria bc as regulated as things are, different lenders look at rental income differently.

I hope to establish a good track record and foundation early on, so i can soon start my own investment's as I build my own real estate business.

The lender will make them have a property management company oversee the operation, to make sure they comply with the rules and regulations.

The biggest thing I can think of prior to going into rentals is to have an attorney review a lease to ensure that all applicable laws and regulations are followed to protect you when you do have tenants.

There are many regulations and codes specifying minimum load requirements that were not seen back then.

Looks like requests for public comments end today on regulators deciding whether private flood insurance can meet the mortgage requirement for flood insurance.

Of course you are putting this under contract for the price we established above.

Once you've got the account established, call every 3-6 months and ask them to increase your limit.

They can help you find buyers and sellers, teach you on the local laws and regulations. 

I am just not too familiar with the business aspect and do not want to break any laws or regulations but need to ensure that before the 5 month mark the lender is paid off or else the interest rate hikes up.