They can fine you for practically anything and they want all the STRs to be banned from the city.

In practice rents will be slightly lower and sometimes slightly lower.

Could this be considered an unethical practice in any way, given the organization’s non-profit status?

As you get more familiar and develop best practices, you can then go to new construction.I hope this helps.

Set clear goals, save for a down payment, and practice analyzing deals to build your confidence.

Learn from the exercise and do better on the next.Good luck! 

The one with evidence wins.As always, @Nathan Gesner coming through with the most solid and practical advice.If you have issues with your PM, be very direct and state your case.

The more rational you are, the better the outcome.Practice and LearnLike any skill, negotiation improves with practice.

When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.

Much better as a short term acquisition strategy for flips IMO but always a high-risk strategy that should not be practiced by anyone who doesn't have the liquid capital to pay off the loan if needed.