(b) In a tenancy with multiple tenants, one of whom is terminating the lease under subdivision 1, any lease governing all tenants is terminated at the latter of the end of the month or the end of the rent interval in which one tenant terminates the lease under subdivision 1.

Is anyone familiar with Federal and NY state law when it comes to owner occupied rentals?

One unit is section 8 occupied, with the government portion enough to cover PITI & management fee.

His father was a prominent positive politician and they have legitimate business dealing with their government as well.

I'm reading and learning as much as possible about the Federal Fund Rate.

An LLC is a legal entity that is not recognized at the federal level by the IRS. 

The fact that the HOA governs what tenants can and can't do keeps the property looking uniform and consistent, quite different than a SFH. 

And because of the similarities between codes and jurisdictions and other government entities I can do this for just about any part of the country (granted the largest cities like LA & NY are their own special case).

In most markets that can legally have STRs and that the local government embraces, you can get up to 50% more in rental income vs traditional rentals. 

They passed a credit check, federal and state criminal and eviction searches.