In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.

Between the two of us, we are pretty involved in real estate.

Adding 16 small units can be very profitable, with enough profit for all those involved.  

There are more complicated strategies to maximize larger listings that involve having like multiple listings for same property and do individual room rentals when it is slower and then for larger length stays, larger groups, and more desirable dates you'd book the whole space, but I think its easier to just do two separate. 

So the one's on the sidelines that did not get involved, and or are not coming from a position of strength--- now no longer can invest. 

It’s a balancing act of controlling costs while also controlling risk of personal injury to your tenants and property visitors as well as maintaining goodwill with all involved at the properties. 

Two flats are essentially just houses.... they trade like houses and there is a lot of emotion involved.

These leads were very unresponsive and may pan out over a longer period of time but the time involved is just not worth the effort.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

So for example, let's say a friend of mine wants to get involved in real estate but doesn't have the time, knowledge, experience, or resources to do it very well.