@Shaun James That's encouraging.

Thus encouraging this good long term tenant to stick around.

For example, who is responsible for snow removal, you or the tenant, how long can they have a guest until the guest is considered a resident there and should also be paying rent, you encouraged the tenant to get renter's insurance because you will not be responsible for any damaged or stolen items, etc.

It's encouraging for people to believe in viability of Brooklyn as a real estate investment.

I assume the city would require on registered hosts (which is the minority) as a starting point for this proximity rule, so effectively this rule might encourage un-registered hosts to stay un-registered, which to me seems counter-productive to the City's overall goal of governing these rentals.

Mark,If you have passive investors, I'd encourage you to at least have a conversation with a securities attorney.Your alternative is to give others some sort of tasks (big or small) to ensure everyone is active.Originally posted by @Mark Robert:@Alina Trigub in your experience, would you need a securities attorney specifically if you were the General Partner managing you Limited Partners money? 

Security deposits are to be held in TRUST encourage the PM company to do a reconciliation to trace the funds. 

Thanks for the encouragement to raise rents; that needs to be done. 

Are lobby keyless lock systems being used to help encourage compliance?

Work with a provider that ENCOURAGES you to do your due diligence.