They should call it "renter control" since the landlord loses control of the property with the rent control regulations.

The people living there sign a contract, with the rules and regulations of the house, if they violate, they have to leave.

The regulations and rules do allow for foreclosures to be overturned or practices to be deemed improper but those battles take time.   

Companies who are competing strictly on price point and bottom-line paper returns are probably attracting a lot more new investors and one-house investors.  

You are on a slippery slope here regulations wise.  

And that's just some of the planning stage.I won't even get into the 25 or 30 different permits you'll be required to obtain, their costs and their impact on your budget.Now think about the Federal regulations that are in place from Wetlands to Flood Plain Issues to Storm Water Management to National Pollutant Discharge Elimination Systems to Erosion Control during the construction/development phases.

I would strictly buy based on the 1% rule (many of my properties generate more), calculated after all rental make ready repairs have been made. 

It states they were last updated in 2015 but the link I'm about to give you was what I came across today.There should be all different types of Building Regulation Codes here.http://codes.iccsafe.org/New%20York%20State.html#a...Regards,Rachel.

Remember that under EPA regulations, any person or organization that has EVER had any ownership or possession of the property may be held totally responsible for any clean-up costs. 

Many states regulate how much the "finder" can keep and how much the former owner gets.