Are there many B class single family homes in the Ogden area that meet or exceed the 1% rule?

These numbers don't work out for the 1% rule.

Generally, the rule for every state will be this: Your contract will determine what the rules are unless it is contrary to state law in which case state law will always hold. 

Now granted, it is difficult to hit that 1% rule sometimes ($1,000 in rent for every $100,000 in sales price) but we definitely still have positive cash flow places.  

They also want a copy of lease with a rider of HOA rules and contact info for all occupants, from every investor.

For example "Hi this is Matt Lefebvre with Keller Williams Realty, I was calling to see if the house on 123 Main Street is still for sale." is absolutely not against any DNC rule...

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That is under the 2% rule which, in my case, is $1,200 for that property.

It is a "hard and fast" rule set by the government.

Hi Tory,If you will be lending and securing the loan out of state, the law of the state where you are securing the loan would most likely apply, but I'm sure there are exceptions to this.I would think that you need to check for the laws in Massachusetts also.In California and in other states, but not all, you must be a licensed to secure loans with real estate, there are probably exceptions to this rule.If you secure loans with real estate in California with a licensed broker, the loan is exempt from usury laws, again, there are exceptions to this rule like lending less than 30k in senior position (or less than 20k in junior position) and there is something that attorneys talk about regarding charging an unconscionable rate but that would be getting way too detailed...Another important consideration is that if the proceeds of the loan are used for personal use or if the collateral will be owner occupied, then that triggers a bunch of other regulations, this is why most hard money lenders only lender for non owner occupy business purpose.