It is advisable to do your due diligence and ask about such things as how long have they been in business, are alternative assets their sole focus, are they BBB accredited and rated, are they a regulated financial institution, have they ever been sanctioned by any regulatory bodies, how many accounts and how much in assets do they administer?

The other brokers I talk to say you have to get to 100 to 200 doors a year just to make about 60,000 after expenses.Yes PM companies get fees but have a ton of expenses and regulatory controls.

And you never know when the regulatory environment might change so halfway houses crop up everywhere.Any thoughts?

If you have regulatory concerns, that's obviously a valid reason to avoid it.

Check with the city on what you have to do to maintain or with the overseeing regulatory body. 

As far as the constitution is concerned, I think that the eviction moratorium could possibly give rise to a regulatory taking claim under the Fifth Amendment.

The physical conversion should be simple enough so is it a regulatory issue? 

Danger areas can be receivables, facility utilization, pending regulatory actions and code compliance. 

Of course, for investing in rental real estate, we want markets with lower vacancies and ongoing demand.Landlord Friendly - With so many states enacting various types of rent control laws and such, we ideally want to target areas with lower regulatory hurdles for property owners and landlords.Hope it helps.

I would give it a pass even though Florida is great for many regulatory and cost reasons.SanFran: Good luck.