There is a simple procedure to question the evaluation and some have even been set by court cases when the assessor did not do as required by law and apply the FMV to the home.I have even had to go the other route and force the assessor to re-evaluate my home much higher so that the financing would work.

Postal Service's "Address Correction Requeted" procedure.

What's the procedures like to obtain a leasing license?  

Not sure on the exact procedures.  

Systems, preventive maintenance, ops procedures documented, automated collection and billing systems, etc. 

Much of my advice sounds like doom and gloom, because I am trying to stop that one case from coming along in which someone is going to get blindsided by the other side hiring an attorney, and then they suddenly find out the procedure they've been using for the last few years is entirely wrong, and the tenant ends up getting treble damages against the landlord in a counterclaim.

Of course you should consult with the procedure in your state, but that is what we do.

@DeAndre Mason, Wow, you are now Starting to realize the power of House Hacking at it's finest!  

Real Estate professionals In the UAE, particularly in Dubai have praised the legislative procedures adopted by the government to regulate the real estate sector and impose tools that safeguard the interests of not only property developers but also investors.

Same lease language / policies / procedures.