Would appreciate your input, contacts or recommended podcasts to follow.1.  

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison. 

Following bc I'm curious too. 

Will follow up to get more details on your idea!

Strictly advice to move forward in these ventures.Your attitude may be the best thing about your ability going forward. 

So, as an investor you have three paths to follow to try to “capture” the rare property that meets the above characteristics. 1.

Hey Robyn,In NYC, there's no strict requirement to have a bathtub in residential units.

At lease renewal increase the rent $50 per month and then the same the following years until it is at market rate and more than likely the tenant will leave on their own and you will have still gotten the rent for that entire time until they moved out and built up your reserves for that property.

Is there a specific pricing strategy that you follow or do you look at your comps and adjust accordingly?

It would cost less, initially, if a person kept it as four units and either rented the property out less of the time or not at all and kept it strictly as a vacation property.Any thoughts are appreciated