I would get rid of that immediately.Second, I would ensure your rules are clear, in writing, attached to the lease, and posted in locations where the occupants can't possibly miss them.

You want to rule out needing a variance unless this is a large property and the change would significantly increase the value of the property and/or rental income.

@Russell Brazil  was 100% correct when he stated that the new commish rules were going to wean out the RE herd..

We're still waiting to find out when we can apply and who we apply to, etc. 

It only applies to residents living in Jerome Village so for investors, it would only apply to rental income from Jerome Village properties, not your entire portfolio or out-of-state income.

What kind of loan were you applying for?

Still lots of BRRRR deals here in Columbus that hit the 1% rule with tons of appreciation potential.

We don't allow people to apply before viewing the property.

Recently 2 new grads from out of State applied to rent my vacant 3 bed apartment.

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...