Operating an Airbnb business requires being up to date on current local ordinances and restrictions.

Are there any loans out there that require less than 10% down? 

This is a separate concept and does not replace the 750-hour requirement for REPS.

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

This is required for most landlords in the city, as part of the rental property registration program.

Lenders will lend the lower of the amount between LTC and LTV.Do you require an appraisal and survey?

If local sales support the new value then you should not have to deal with the seasoning requirement.

I think it would require a major asset heavy backer to provide the confidence the investing public needs to scale to profitability.  

Yes, I require renters insurance.

The high end is the 20 or so co ops on 5th Avenue or Park Ave (one is on East End Avenue) that require liquid assets of $100 million + to gain board approval.