Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

Situated on a 0.52-acre lot, the property provides a spacious environment.

We like how Fort Wayne is growing, yet still provides good BRRRR opportunities.

Duplexes provide privacy, flexibility, and scalability, but strict short-term rental regulations may increase upfront costs and maintenance.

Didn't mean to insinuate that in my post.I did actually write up a list of properties I'd like to buy around town and provide it to a commercial real estate broker.

General investing by the typical investor on Bigger Pockets isn't thinking of or capable of providing directives for massive wealth accumulation.

How is that different than the information they’re providing on the investor webinars?  

To provide our buyers the greatest probability for success, we cast a wide net to evaluate ALL vacation rental prospects and narrow it down to the handful that meet the search criteria. 

You can close in an LLC and don't need to provide employment history, income or tax returns, and DTI isn't a factor.

Please provide the pros and cons of this system.