In addition to risk, there is also salary cost the teams leading the renovations, leasing, sales, etc, and if applicable an assignment fee to a wholesaler that you will also not find in any public records.

If you made those free they'd be complaining about jobs or supermarket deserts or lack of public transportation or some other issue.

For context for the readers here, since you posted your comments publicly, a policy was bound and then you requested to cancel shortly thereafter.

For example, when I was in my large public accounting firm days, I worked on a tax return for a client who had $500m+ net revenue over hundreds/thousands of locations across 25+ states.

God knows what they think those hand-scrawled letters saying how they're innocuous ma-and-pa investors and day-glo signs on the public right-of-way are supposed to convince people of.However, the lack of disclosure and taking advantage of some owners really kinda goes against the grain on the Realtor Code of Ethics doesn't it?

The problem is that we start seeing public push-back from the DNS (Department of Neighborhood Services, they issue fines) and the press: it gives landlords a bad rep - the newspaper does not differentiate between OOS and local.

Even if the sponsor lacking knowledge and experience can raise capital through syndication, their life will become a living nightmare of lawsuits, hostile social media posts, public ridicule, accusations, legal threats.  

Id say 100% of my evictions are "no money back, get out now, see you in court, get my judgement, place it on public record."

I do not believe I am RentRedi's target consumer as I have more needs than others and that has been true for other business relationships I tried to build in my time, but I hate when things have to end on sour notes and the fact that it took publicly criticizing the service to get attention is more than disappointing on RentRedi's part as a service business.

With the newly implemented congestion pricing in Manhattan easy access to NYC public transport is golden.