@Shai Peer I find your post somewhat alarming.

@Rebecca SabotBefore you sound the alarm bells, the "rent stabilization" study isn't a draconian proposal like capping the amount of rent or making it so increases can't be put through. 

@Ryan Judah Here is the article https://www.forbes.com/sites/jackkelly/2019/10/28/jpmorgan-is-continuing-the-alarming-trend-of-moving-thousands-of-well-paid-jobs-out-of-new-york-citythis-does-not-bode-well-for-workers-on-wall-street/#43edf1eb3a7a

I doubt going from a single to a double vanity would raise alarm with many since they can be worked off of one supply and drain out of the wall.

I would be curious what the GCs timeline is for the property if it is “pretty run down”  i would expect more than a couple weeks  Also, alarm bells are going off when you say he does not have his GC license? 

This also gives you the opportunity to inspect the property in general, but batteries in smoke alarms and CO detectors.

highlight_post=4513923&page=1#p4513923I could be sounding a premature and conservative alarm for you, but you have no margins to begin with and are going to be running a deficit.

I was really alarmed initially when I heard about prohibitions on screening and a requirement to accept section 8 vouchers. 

Their theory is that the thief saw the house online (we had listed it for rent), figured it was vacant and decided to help themselves.

I haven't done a whole lot of research yet, I'm just throwing this out there broadly for some thoughts.Obviously working smoke alarms, handrails, locks, and more, need to be in solid working order and a good condition.