For interior alterations, The City's website states that I can submit a RAAC Document (attached), Residential Automatic Approval Certificate, acknowledging that no plan review will be conducted since the drawings will bear my stamp and signature.

On a Fannie Mae loan, your scenario has a major Loan Level Price Adjustment (LLPA) of 4.125% for a second home with a loan to value of 85.1% to 90% plus a hit of .75% and another for .25%.

Including Water in Rent: Another option is to adjust the rent for each unit to include the cost of water.

I suspect this is due to either a better sales group, or the risk was simply adjust higher on the ones I went in. 

With an attorney handling the eviction, you can not only ensure proper handling but also take advantage settlement agreements to prevent having to restart the process if the tenant were to default again and get automatic final judgment when the tenant defaults on the settlement agreement. 

The PPP is only 3 years, so you'd have plenty of time to choose between years 4 and 10 if you wanted to refi or just pay if off before your first adjustment ever occurs.  

So it will just be a minor adjustment to consumers in the states that didnt require this already.

Your current Lease and payment terms are recognized until [DATE]; however, moving forward, please send all payments, maintenance requests, and correspondence to the address listed at the top of this letter.If you are currently using an automatic draft, cash deposit, or other form of payment to pay for your residency, please contact your financial institution immediately so as to avoid any late fees and/or eviction notices.I have included with this letter a Tenant Update Form for you to fill out.

On the buying side, that's a non-starter for such adjustment because of the prevailing system in place where a seller is expected to present that buyers broker payment and reducing such DOES absolutely result in agents "ghosting" that listing.

ACCELERATION Unless Landlord elects not to accelerate rent, all monthly rent for the rest of the Lease term or renewal period will be accelerated automatically without notice or demand (before or after acceleration) and will be immediately due and delinquent if, without Landlord’s written consent: (A) Tenant move out, remove property in preparing to move out, or Tenant or any occupant gives oral or written notice of intent to move out before the Lease term or renewal period ends; and (B) Tenant haven’t paid all rent for the entire Lease term or renewal period.