There are so many other strategies you can implement here that would provide to be much more beneficial, if you would like to increase cash flow.

The Canadian Edition of Quickbooks really only differed from its U.S.A. cousin by having an awkward implementation of GST/HST (our VAT) and GIFI.  

When you do that, you can get better pricing and leaves less room for error.The best advice is to push forward as quick as possible, fail forward, and always continue to introspect on what you would do differently and then ACTUALLY go back and implement that change (easier to say than do).

What bylaws should I consider and what business strategy should we implement?

With the newly implemented congestion pricing in Manhattan easy access to NYC public transport is golden.

I’d love to hear more about how you approach finding these under-$2M properties and what strategies you’re implementing for operations optimization.

Quote from @Chris Seveney: I think this could be a good blueprint for other states to start implementing.$300 and background check- and having to disclose - seems very reasonable at first glance. curious if anyone objects to it - what reasoning ?

Implementing a value add strategy, which will raise rents and force appreciation has been an unfair advantage in just about any market condition. 

I have studied the system and revisiting for more understanding while implementing it.

Cut rates, or implement smart pricing, or both.