@Audrey SommerAgree with @Nicholas L.If I may, it’s not a 50% cash flow rule. it’s a 50% operating expense rule. 

@Charlotte Wilson please understand this about the "1% Rule" - it's ONLY a tool!

You can upload a document with your rules to VRBO and the guest acknowledges and agrees to your rules when they book.

I torn that thing to shreds a long time back: https://www.biggerpockets.com/blog/2015-05-06-2rule-die-horr...The 1% rule used to mostly work as a "pre-filter rule of thumb" as you say.

Biggest rule of thumb is refinance before you move out so that its still considered a primary owner occupant home to get the lowest rate.

Would it be a good idea to take a deposit to secure the deal until the rule clears?

I am hoping to learn, network and even provide insight.Currently, I own and operate a property management company, PMI Cardinal, in the Charlotte area. 

Longan (1857), which ruled that the promissory note and mortgage must remain tied together.Who has experience with this in NC?

There is no ability to set execution date to the future.The 90 day rule starts from the date the current deed was recorded to the date the contract with FHA buyer is signed.

"By terminating the AFFH rule, localities will no longer be required to complete onerous paperwork and drain their budgets to comply with the extreme and restrictive demands made up by the Obama federal government."