Unlike many landlords I am not afraid to operate my business I do not di*k around with slowly easing tenants to full market. 

Start the eviction if ne does not comply on the noise notice to protect yourself and hold him to his move out date.

There are state and federal rules you have to comply with.

You can get a free credit report once a year from each of the credit reporting agencies - and can monitor your credit report by getting one every 4 months from a different provider.Go to annualcreditreport.com, this is the Government mandated site that all 3 reporting agencies comply with.

For a proper LLC you need an Operating Agreement relating to real estate, you have to follow the rules to the "T", and you have to never make an error within your LLC like co-mingling.  

We have given notice to the current 3rd party management team that we are going off on our own and kicking around the idea of doing 3rd party management ourselves for other operators.

We are in the process of organizing the operating agreement and possible sale of the building. 

. - good post, as you mention NYC is a bit complicated, if your interested in the Airbnb impact, Planet Money did a podcast fairly recently on the impact in New Orleans, while it mostly focused on the operators, they did have some data on the impact to property values as well:https://podcasts.apple.com/us/podcast/planet-money/id290783428?

Also you will be stating at the license issue that you have complied with the LBP certification requirement. 

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.Obtaining a loan in an LLC can be difficult, but not impossible.