Do you have that information based on experience and knowledge of banking policy or is there any law/regulation about it?

That's easy compared to trying to fight and erroneous $13k water bill (a real issue we had) or an insurance policy tripling (that too).

What is your refund policy? 

New Jersey is one of the least landlord friendly states in the country - FACT.Liberal policies are not friendly towards landlords- FACTNew Jersey is a liberal blue state - FACTI was nice in my original post.

Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.

Also make sure to have owners add you to their property insurance policies, so you have liability protection. 

@Placeholder PlaceholderOne word of caution I would advise: If a community or local government is enacting restrictions and also regularly enforcing them, then its often a reflection of the local community sentiment which increases the chance of a neighborhood or nearby resident calling you in if they think you may be running an STR.

However, we allow them to bring their own policy too.You should consider researching other options and see if there's someone else who can handle the PM. 

Make sure you create a screening policy and don't deviate from it. 

It could be fast tracked or it could take 6+ months as government stuff normally does.