However, depending on the outcomes, I may modify it.J Scott I think that's sound non-advice. :) I suspect that the percentage in my case may need to be higher, as I'll (initially, hopefully) be having fewer "non-shareholder employees".

It becomes thier duty to ensure the terms are in compliance considering the qualifications of the buyer/borrower and prudent, if not, the originator will need to modify the terms to meet the requirements.

I also know that regardless of what might be customary on this matter, anything can be agreed to, pretty sure of that.Get to your attorney and have him modify your contracts to reflect these matters.

So the limit is there but you can not modify it and make your own occupancy limit since that indirectly discriminates against families.You think what you are saying is not based on family status, but according to the federal protected class it is.

If so, any plans to modify your strategy?

For a roommate situation, I would start with a free online agreement then modify it for New York laws.

Another issue is zoning as a special use permit may be required, having special needs or more than 3 unrelated tenants is sometimes an issue.You may also be subject to inspections and ADA requirements, hard surface floors wider doors, etc. it's no walk in the park.After you get the permits and modify the place, you will get higher than market rents (due to mods) but you're also pretty well locked in to renting to that NP/agency, can't really take them to the cleaners as they can move on leaving you with a harder to rent dwelling too.Insurance will be more and you better keep the place up in tip top shape.

What modifies sale price?

Time to modify my move in list.

The plan I would say is find a path that allows you to gain that exposure and be prepared to modify your goals as you discover things you didn't know.