But it’s crucial to double-check NYC’s rental regulations to make sure you’re in the clear.

That could mean fewer lending regulations overall, which would be amazing.

The area has certain advantages like shelter from regulation risk (pretty much as low as anywhere in the country if you buy in the approved STR tourist zones) and long term security (people aren't going to stop going to Orlando anytime soon). 

As long as there is no "healthcare" being provided (medicine, baths, etc) then it's not regulated by the department of health.

Remember your situation is unique so it's important to consult with a tax advisor or CPA to explore all available options and ensure compliance with tax regulations.

One of the other factors that kept me from pulling the trigger is that the city has never passed any real STR regulation.

A break even into a profit, and a profit into a windfall. 3- Capital - I used to state this as access to capital, back when the rules were loser, the regulations less onerous, and information less readily available.

Those forms are generally well reviewed by local attorneys in regards to the local jurisdiction regulations.

A Property Manager can also assist with understanding local regulations and the practical aspects of property management, ensuring you make a well-informed decision.Feel free to share more about your specific needs.

Hopefully this helps....You need an attorney that specializes in SEC regulations to create your PPM.