Also, you do not know how to answer all of the questions that the PM can answer - polices, procedures, how to pay, etc.

Check with the local regulations on permits and what is required.

I hope my answer is helpful here, crowdfunding through crypto used to be easy until regulation shut it down and really that's all.

Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises... 

Quote from @Mo Karim: With every increasing regulations on short term rentals, midterm rentals is becoming more popular with investors. 

These regulations are basically trying to prevent all unsolicited calls and text messages to people with whom you don't have a prior business relationship or permission to contact.

Yes, this was a regulation passed recently in Cleveland, all rental properties must be lead certified.

@Vito DiIennaWhile I have not had to get a Letter of No Objection myself, if I had to do it, I would go right the the DOB, go into the Office that you can get an official Cert of Occupancy and ask them what is the procedure to get the letter.Normally, you will need to provide evidence.

If you're in that situation, ensure you follow proper procedure and proceed with that option in conjunction with your eviction process to have redundancy.

I also think that you should plan on looking for a place that doesn't have a lot of issues with regulations etc so you don't have to go that way.A HELOC is a good way to get started.