Stay on the good side of your municipalities - they can make your life miserable if you try to skirt the regulations.Landlord permits are getting more and more common across the country and the fines can be stiff if you choose not to comply.

Those guys at Huntington are so stiff you wouldn't believe it...LOLI wouldn't :)

So the competition is stiff, but there is still value adds that can provide margin for any poor cash flow.Good luck

One of the consequences of non-compliance should be an increased inspection schedule for some period of time afterwards, with stiff fees for continued non-compliance.  

Collecting last month rent early helps ensure they won't stiff you at the end of a long term lease (like 1 year).

However, it seems like the competition to find BP quality properties is stiff!

But you’ll pay double digit interest rate, short term loan, and stiff points and fees 

I'm a MHP owner and arms length operator and our lease says some pretty stiff language:3) Late fees: If monthly rental payment is not made on or before the 5th day of each month, Lessee agrees to pay an additional late charge of $100.00.

If you use DSCR loans as permanent financing, you could be locking yourself into loans with stiff prepayment penalties that usually have a 5-year prepayment step-down penalty.

I agree stiff fee's and no refunds if not chosen is a no go for me either.