So it's more-so there a construction/maintenance company, who uses a PM offering as a lead gen and capture device to drive sales. 

Tax structures and mortgage regulations might also shift as canada mortgages are very different.What do you think would happen? 

It is a federal regulation but some states reach out and screw you.

Let's check the Regulations 1.21-1 which clarify Section 21.

Ensure that you check your state's regulations and requirements regarding security deposits.

In my experience, a property with multiple cottages and outbuildings can provide all kinds of creative strategies...some folks try short-term rentals or even specialized retreats if local regulations allow.

It’s also worth diving into local regulations and HOA rules—they can shift quickly in coastal markets like this.

And the changes, such as regulation, city development, traffic flow, building views etc happen very quickly. 

The only thing propping them up and forcing them higher is our monetary system and governmental regulations that limit competition in the market place. 

There is a lot more state regulations and lending laws change when 5 units or great.