I am also looking for some contacts within the area that I can bounce my ideas off of as well or help out if they need some help.

I do believe that overall the city will bounce back but as others have mentioned the rent regulations are something that may be here well past Covid.I own and live in South Brooklyn and while the feel here is not as bad as Manhattan it still feels like we are far from out of the woods.

One tenant sends me a bank check every month (because she bounced a check a couple years ago so that's all I'll accept)So to answer the question, I'll accept just about any form of payment as long as it comes on time.

So it's generally hard for tornados to get in, but once they do it's hard for them to get out so they keep bouncing around. 

Do we also need to share late fees, check bounce fee etc?

Do we need to show late fees, check bounce fee etc as earning?

I do the ACH before they move in with ample time for it to bounce.  

These were all the options I had bouncing around my head, so it is nice to hear everyones feedback and that a lot of the ideas align with my own.Good news, I have checked with the city and the POA and it might just be because of where I am located or the fact that it is a smaller town, maybe that is why the regulations are not as stringent.I like the idea of renting for a lower price or both units for more space just because all the homes in my own POA are lake houses, very large, and much more expensive to rent.

They signal a city that's not just bouncing back but is ambitiously redefining itself.I'm curious to know your thoughts.

I would recommend an underpayment with vapor barrier just to give it a little bounce.