I ended up paying $3K in fines and now I am having him prosecuted by the NY Attorney General's Office of Financial Fraud.

Yet I am proud and want to shout out success from the roof tops.

Currently a college freshman at Rutgers University double majored in Finance and Management with a full time job as a Real Estate Learner.

I have a degree in finance and marketing, I currently am a credit analyst at a local bank, and I plan to house hack in Des Moines and branch out to a bigger city after some experience/cash saved up.

They are pretty much already approved and there is soooo much in fine print that can be missed when starting from scratch.  

Renovations can take the form of furnished common areas, a rooftop deck, or other amenities.

Luckily the fines cap off at $100 but that would still be $300 per month in fines after you hit the cap. 

What I don’t like is the use of the following sales/marketing tools used1-  overly complicated product designed so that consumer would need a graduate degree in finance to do proper evaluation2- incomplete and bias analysis of product by sales person3 - sales person disguising themselves as financial advisor4- creating a catchy name for an insurance product that has nothing to do with what the product does or how it worksI’m always amused by the almost violent reaction proponents of these products exhibit when someone questions, or sheds light on the value of the product or on the ethics of the industry.  

We created 3 separate listings on Airbnb--one for the full penthouse, one for just the downstairs, and one for the rooftop suite.

I compare it being a Financial Advisor, you don't have to have a degree in finance but I am sure it does not hurt :)The MLS access alone is huge.