(In Baltimore City there is a mandatory 10-day grace period and in Maryland the max late fee you can charge is 5%.)

I will definitely reach out to you in next few weeks as, in a perfect world, it would be nice to have the investment properties within an hour or two drive (Sacramento is one option I want to look into and will also consider some of the other cities you mentioned) of the South Bay Area where I live.

Which city is this in?  

Making the basement a legal unit is costly but can be done as an ADU depending on your exact location (ADU zone maps are on City of Chicago site).

We're based in Kansas City, MO, and are currently generating just over $1M in revenue annually (~50 transactions a year).

Who are the top 10 investors in your city or market? 

Our MTRs are in Cincinnati, not Nashville, but if you go to FurnishedFinder.com/stats you can see data related to demand for a given city.

Tina, make sure come to the next monthly meetup with Space City REI (Usually about 30-40 Investors/Agents show up!)

This is Los Angeles City-wide:

It seems the city has looked the other way on many of these for years.My questions are:- Has anyone ever had to deal with the city on this issue during annual inspections, POS inspections, etc?