CRE CLO is still regulated though.

STR regulations have been a VERY hot topic here for the last year (and even beforehand).

Keep in mind rent control is 1 thing, its a laws for existing tenants but some city's like Newark are so strict that you must get approval for what rent can be even after a tenant moves out and new ones move in. 

It may create a problem for you later if your bank discovers the account is owned by an LLC that no longer exists.

Most of the ones I bought had existing tenants and almost all were paying below market rents and way below market rents.

Deals like this do exist out there.In a previous post, I put a graphic of my returns, and you accused me of using data for single family returns.

Saika  While a permit is a hassle, what happens if there was a fire, it burned down, someone got killed and the fire department was not even aware the unpermitted structure existed.

Local Regulations and Taxes8.

Unit 2 - long-term rental (this will usually be with an existing tenant since you already have that running well or in a larger unit that might net the highest rent as a long-term)3.

I agree.. just look at any large mid west or rust belt metro.. there is a ton of houses avaliable the question though will folks buy in certain neighborhoods where inventory is readily avaliable you can buy existing in many of these markets for far less than new builds.. so to me its really a neighborhood issue  a school issue a crime issue etc etc..