We are moving more and more into regulation for landlords that will linger long after CoV. 

All the rehabs I have completed with my team have been top to bottom projects that most investors wouldn’t touch, but turned out to be diamonds in the rough... as long as the numbers work, don’t be afraid of a little grunge and hard work.Last pointer, it is always best to get contractors local to your area that are familiar with the township codes regulations, as some are lenient, and others crazy stringent.Hope that helps!...

Lenders are federally regulated.

Regulations are specific to you city so no knowledge of what you need to do with a triplex for STR where you are.

Local regulation can kill STR.  

Add in regulation is hitting this industry hard from not letting landlord's evict tenant's to rent freezes..

Do they follow regular rent regulation/stabilization guidelines?

A common big expense is undetected collapsed sewer connection in older buildings, roof of course, AC & Heat, increase in property taxes, and on and on.If the presidency changes hands, taxes and regulation are promised to escalate & I don't think your cash flow is sufficient to deal with it.

She agreed to the terms of the lease and the rules and regulations put in place. 

I have done Airbnb on a lease in LA before. 2018 through 2019 before the new permit regulations kicked in November of 2019.