It wasn’t just rich people that got screwed by Morris Invest/ Oceanpointe I’m sure a lot of regular people got taken also. 

They do it because the contractor asks and they don't know that it's not regular.

Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises... 

Folks will generally have a fantastic rental strategy but they don't fit the lense of regular guidelines.

I like RentSpree because the prospective tenant can upload all of their docs into the system and the system auto-emails all references to confirm.

The other option would be going to local investor meetups and asking those who attend for good references. 

It sounds like @Amy Wan can reference the crowd funding options but explain the limitations on cost and scalability.

Document the condition of your property inside and out so you have that as a reference point later down the road.Yes having a conversation will be helpful so that they clearly understand how to care for a septic and that you cannot flush certain items.

I have a Detroit banker I can refer you to if you're still interested.

If it is dead at the rent point you reference than so is initial positive cash flow.