A lender would have to sue to unequivocally establish lack of compliance. 

For example, if you are told, "we can refinance you for up to 75% LTV" to realistically expect approximately 5% less until you have experience and establish a relationship with your lenders. 2.)

If the tenant disputes the amount and wins, the payment will be reversed from your account.As a landlord, you have a few options based on local laws and regulations:1.

While the deal does not hinge on the ground-up phase, it could provide a significant upside.After consulting with the City Zoning Department and reviewing the dimensional regulations of the neighborhood district, it appears that my plan is feasible.

Getting into multifamily will be much easier after your first deal and your local team is established! 

Smaller, older homes tended to have higher price per square foot.Most homes sold were built between the late 1950s and 1980s, making it an established neighborhood with older housing stock.

These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.

Also, they have access to a tremendous amount of information and connections to those trades that we all need more access to. you may also ask where are the regulations stated in writing, then you will have the ability to answer further question you may have regarding these matters

I would caution against keeping it due to the fallout and regulations coming due to the Surfside condo collapse.

I think it takes a couple of years to establish a relationship to trust someone to do any type of business deal.