I suspect when this goes to litigation and these usually do.. that is going to be a course of action taken by plantiffs attornies.. who violated the laws on compensation..

An experienced agent will list your property with the language, "no showings until an accepted offer", to avoid violating your tenant's rights to the peaceful enjoyment of their home - possibly resulting in their lack of cooperations and a lawsuit against you.

Matt LawrenceCustomer Service Representative  not to be picky but you as a non licensed employee I don't believe can quote rates like you did in this thread that's a violation I could be wrong but again just sayin..  

Meaning you cannot just evict a tenant because their lease has expired.You will have to build sufficient evidence admissible in court and to the satisfaction of a judge to prove good cause to get a warrant of eviction.Many housing providers kept high risk tenants on month to month leases so that if the tenant stopped paying rent, you could simply give them a notice to vacate and recover possession of the rental unit that way.The reason for this methodology was because the HSTPA of 2019 passed in NYS made it extremely onerous and costly for housing providers to evict due to non payment.That method under good cause will be eliminated.So you can still keep tenants month to month but you will need to document the lease violation due to nonpayment rigorously.How many times and how late is “good” enough?

Using different rental criteria for people with children than without, COULD be seen as a violation of that law.

I am happy to pay a competent firm to keep me from violating the terms of my plan and answer questions, but somehow I fear that no one will want my account because the banking part is outsourced to Titan Bank (which is not paying interest, so I should probably switch from them too) and perhaps there are no custodial fees to be had the way this plan was set up. 

I wonder how many investors actually background their GP other than google search's.back in the day when I had my HML in Oakland it was definitely a violation to advance payments for borrowers on loans that have investor monies into..

Personally I would want to make darn sure before I wrapped a DSCR loan.. ( make sure you dont violate the covenants)

YUP minimum requirements.. although you would be surprised how many folks cannot get a bond because they lack credit score.. this will weed out the really poor players and give state a vehicle to regualted those that violate the laws without all the grey area currently.

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison.