This shouldn't stop investors from going remote and using them, but the investor who chooses management poorly and doesn't ride em will be punished.

They would be punishing the bank in that case.

Investors that mismanage a property deserve to be punished.

Since duplex and triplex homeowners are much more likely than apartment building owners to rent at below market rates, the new city rules in Oakland seem clearly to have been designed to intentionally punish those homeowners who had been renting at the most affordable rates. 

Hi @Ray Slater,You have asked him, begged him, punished him and now you still don't want to get rid of someone who wants your business.....Think about that for a second, he not only doesn't want your business he has so little respect for you he makes you chase him around begging him to do the work he agreed to.

I have found that they building inspections/code enforcement is very easy to work with, and they are not looking to punish you for being a landlord.

In the end it seems, they must have had the same monkey that thought, No-dock, liar loans, and option arms were a good idea draft the punishment to the buyer for forclosure.

If you don't have cash to close, or get cash by closing you need to stay away from the following;REO offers or contractingForeclosureOwners in foreclosureAll of these aspects are covered by various federal laws and messing in these aspects can get you into serious trouble.There is no system, no method, no arrangement for you to connive your way around the issues you can get caught in.Reading guru stuff, listening to voodoo investors that have some method aren't putting their name on that contract nor will they be getting hammered the guy in trouble will be you.Plenty to read here, consider who you listen to in any public forum.Interference in any banking operation of a federally insured depository institution with the intent to mislead or misinform any officer of that bank or attempt to do so, with or without the intent to profit in connection with that information is a violation of federal banking laws punishable up to ten years or fines of up to one hundred thousand dollars, It is bank fraud.

Emotional support animal protection is meant to protect a person with an emotional or mental disability, the law is not made to punish the landlord.

Your negligence can be the tool used to deny insurance coverage and to pierce all the LLC or Trust to punish you personally which is why layer #1 is so important.