For one it helps you get that hands on training you need on how this real estate marketing things works. 600 to 700 pieces  should bring back some buzz.

NYC is a very tough place to use a real estate license because it doesn't operate like other markets.

Also hoping to get someone to review the operating agreements to make sure our ducks are in a row.

Converting debt to equity if allowed by the operating agreement is not indicative of a Ponzi Scheme.  

If it's a layered LLC, most lenders will need to trace a warm body on the operating agreement which will involve a bit more paperwork trail.

Only two electrically operated items may be plugged in to any electrical receptacle.

Let them know that there will be routine quality control checks/inspections so that if your third party inspector finds any issues with quality, the GC will be responsible for paying for the correction.These are just some theories that I think will help and plan to implement when I operate out of state flips.

Quote from @Travis Biziorek: I own and operate a STR in Detroit and this is the first I'm hearing of this regulation.I'm not convinced it exists.

Quote from @Jaycee Greene: Hey @Daniel Stegelman, how much are your operating expenses?

That part is not as straight-forward.Such operating agreements are frankly costly when done correctly.