You can attempt to raise from a 506c but it will cost you $25k to get started, then if you did get your first $100k  and you are paying them 10% and you are making 12%, - great you just made $2,000 and that is assuming you were able to fund an entire deal immediately and have zero holding or carrying costs. 

Thankfully I'm in Ohio which has actually added a chapter and language to the revised code in an attempt to prevent cities from implementing policies that institute rent control or rent stabilization in any form.

Quote from @Tchaka Owen: One thing I've realized over the years is to listed to what a politician proposes and attempt to extrapolate a realistic outcome.

Or do I just wait for it to go to foreclosure before attempting to buy it?

("A real estate broker, for the purposes of this article, is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctions of any real estate . . ."

Vacancy expenses when attempting to market your property above the average rent rateAlright.

Approached multiple real estate agents in my market with the attempt of understanding pocket deals and to make offers on distressed on-market properties they have listed on the MLS.

In one instance a housing inspector outright attempting  to extort me by failing an inspection and demanding I repaint a house in the middle of winter unless I met him at the property to "work it out."

Quick Note: Sellers who offer smaller or no buyer agent concessions in an attempt to increase their takeaway risk sitting longer and going for less.

Further, the agency may know that the subpoena is an over reach, but they’re attempting to bully the recipient.