Projects that may not make sense for some, will make sense for you if rehab cost is at 70%, comparatively.

If we become heavily restricted, what chance does the rest of the DMV have to get their own regulations that make sense?

That’s why I try so hard to explain to people I meet every day the benefits.

Wouldn't it make more sense to raise money privately?

Yes, you need a team, however you can't just assemble people together and call it a team. 

I have seen a few deals lately on MF but plenty of it makes no sense on pricing to many investors. 

It doesn't sound like a showstopper to me.Did you ask the plumber if there is anything people can flush that will help keep the lines clear?

Most people use their phone and it’s a pain to stay logged in on your phone. 

NYC laws around rentals—especially short- to mid-term—can be tricky, so you’ll want to avoid any compliance headaches.The biggest challenge with this plan is finding a rent-stabilized apartment that makes financial sense and actually gives you breathing room.

Certainly partnering with companies that have consistent replacement properties available makes sense if the properties meet your investment guidelines.