What are the maximum lot coverage restrictions of that zone?  

I would have bet activity would have decreased with D-F, not so, guess the overall economy and the swing back of the RE market more than compensated for the passing of the restrictions.

Short sales are EXTREMELY difficult to use with transactional funding because most lenders include clauses in their contracts to restrict flips.  

If you restrict yourself to only using the money you have in your pockets, then you have a limited supply of money, which not only prevents you from doing deals, but also gives you a slower growth rate in your business (how fast do you want to get out of your career?).  

With regard to your $50k income restriction, do not automatically assume that if household income is over $50k they will buy a home. 

That is possible, but there are a number of restrictions on that.  

John, you can buy a property that has an outstanding option held by another party, so long as there is no deed restriction.

However, in this case, it may not work out as I am under a tight time restriction and these loans can take 60+ days to get sorted out.  

Many HOAs restrict the number of rentals.  

You would think I would know this being both an agent, and the owner of several previous foreclosures...but how long does Fannie & Freddie place on the deed restriction before you can sell a foreclosure they owned?