But, I thought if I could do a sublet, I would work around property management regulations as I would be invested in renting the property and then renting it out myself. 

Also, are there any rules/regulations that I would need to be mindful of if I chose to, for example, buy a house with a basement and separate entrance to rent out? 

Paul), where they say rent stabilization hasn't worked because the regulations are not strict enough, ignoring the warning signs that history has given us in other cities/states.For me personally, I'm not too concerned about it because I think like any business you just need to grow and adapt, changing strategies if need be.

Worth calling the municipalities that interest you and asking specifically what their regulations are currently.

I guess you could argue that it's because of regulation that favors the established big banks... but again, it's still the case so far. 

As part of my daily business practice I track among other things recent past and current rents.

I think it’s good to be in the industry so your film time job is still practice for your investing and vice versa

So I'd much rather use the equity as leverage and get into other cash-producing assets.All that said, it is a best practice to bank locally for these things.

You can put 20% down and avoid the mortgage insurance premium (mortgage insurance for conventional has MANY choices: lender paid with higher rate/ split/ monthly.... and so forth but it is much cheaper than FHA 1.75)Home Ready may have income limits and county limits FICO 620 minimumDifferences are: cost, can you qualify, how the individual regulates your inspections which is lender specific

Again this was more of common practice type of question so I appreciate all the input