Here are the details of the property:- Leased until July 2025: $1400 and $1450 per unit per month- Built: 1930's- Zoned O-2Information in the Rental Report:- Vacancy rate: 5%- Purchase Price: $310,000- Repairs and maintenance: 7%- CapEx: 5%- Property tax: $3,600 per year- Insurance: $2,400 per year- Roof: Broker mentioned it doesn't need immediate attention but will likely need replacement soon (~$15,000).- Cash flow: The report shows a $177 monthly cash flow.- Condition: The house is completely renovated.

Red Stick REIA is probably the largest, and The RING is the other.

The costs of land  , engineering , site work , permits , labor , and building materials make this virtually impossible . then there are zoning issues and the rest of the politics that go along with this . 

Recently, we were approached by a city zoning enforcement officer who informed us we were in violation of zoning laws and that someone from the Historic District would be contacting us.

By lending on "investment properties under the auspice of commercial lending" as you said.Dodd Frank applies to Residential Properties, 1-4 units, and is related to how the properties are classified (zoned), and not whether or not they are being used as "investments."

Duplex have different zoning that may permit additional units.

Honestly the whole thing sounds sketchy but you mentioning lawsuits is a red flag.

This isn't helped by the fact that I'm temporarily trapped outside of the country due to COVID travel restrictions and are not on an easy time zone with SFO.

In many places, a "standard" residential district zoning (e.g.

When I listed it I adjusted the rent to be a little higher than the comparables in my area, because it was one of the nicer ones in the area but I can't seem to get a renter. over the last 26 days, I have had 46 inquiries and 14 applications, of those 14 applications about 5 of them passed the background check and credit history check. some of them I could not get ahold of their employer or landlord which was a red flag for me.