This is effectively legislation to open up the market to new prospects. 

I have a prospective client that didn’t put their properties on the return and now need to amend.Potential pitfalls:1.

Only wasted time and many prospective buyers in the mean time.

I sold an apartment building and as I lived in the building was always there when my realtor showed it to prospective buyers. 

Hello Ivan,I do not work for BP, but my suggestion is that you follow the Build Your Investing Team link at the top of this page if you have not and follow each step including speaking with the prospective members of the team you want to build and with that I believe you will obtain the answers you need.

As always, this can be mitigated with proper screening of applicants by verifying rental history and contacting prior landlords about the prospective tenant's past.

Show a solid performing AirBNB and then punch out a list of prospecting for arbitrage and also promoting yourself as a co-host. 

If you give your co-living home a name and vision statement, then tenants will take pride in their house and prospective tenants will be able to self-filter.4.

It may be helpful:I can give you some general info on insuring the property:Here are some things to look for from an Insurance prospective:1.Any in-ground tanks (active or inactive)2.Any Knob & Tube or Aluminum Wiring3.If built before 1978, does the building have Lead Safe certifications4.Any wood stoves or secondary heating units.

The other disappointment as a prospective investor in PPR is that his book could not be more loving of leverage and the ability to maximize returns by using OPM.