Seems alarm.com wasnt reading my location correctly on my phone for some reason.
Can Cameras have multiple recording rules?
It is possible to create up to three Video Analytics rules on the same camera.
Is there a way to specify only record if it is a person or vehicle?
You can specify the notification, not whether to record. A big part of this is to avoid an issue where motion was detected but not identified as the object you intend.
the SVR is a 24/7 recording or is it just storing the clips locally in addition to the cloud?
The SVR is a local 24/7 recording device. It records 24/7 video.