Otherwise if you try to run credit checks yourself, you need to meet a bunch of regulations such as proving you're a legitimate business, keeping the files securely, etc.My advice would be to find/write up a solid lease that spells out everything.

Some of those are:- Cannot charge more than $20 on a Rental Application- Cannot use Prior Evictions as a criteria for qualifications of a potential tenant- Judges can extend an eviction up to 1 year- Cannot do No Cause Evictions- etc.What is worse is that there is a push by the radical Left to make these kinds of laws National.Until the uncertainity period is over and we start to have a very certain set of laws soon, be it pro-tenant or pro-landlord, then I will NOT continue my acquisitions of new properties for my portfolio.One outcome in the future could be that ALL Properties (including Small Residential properties like mine) will wind up becoming Rent Regulated as a safe bet.If that's the case, then the value of every type of properties, including mine, will fall in value as the future rent appreciation is no longer controlled by the free Market.If the future laws do not regulate small properties like mine, then the Value will appreciate tremendously.

Can I get more favorable interest rate if I refinance through a credit union with less stringent rules and regulations?

If a conventional lender won't do the loan for you, and you still want to do a bank loan - you could try a small local bank that would keep the loan in house and not sell it on the secondary mortgage market (that's why it's 'harder' to get a conventional loan - there are a lot of regulations involved). 

@Nick Gerli I think appreciation has a lot to do with building regulations.

Association has no rental restrictions so I plan to keep as a traditional rental until I see how the city of Miami Beach regulates STRs. 

It is a very cool concept but be prepared for a slog with inspections, insurance, engineering, financing, etc if you are in a heavily regulated area. 

. #6 – numerous strategiesLike real-estate investing, in general, there are many angles from which one can approach note investing.

If you think his decision was influenced ask to see the specific regulations he is using to justify a repair or his decision to fail the property.2.

It actually boxes you into the state regulated industry rules and regulations as well as the continued education requirements and board of realtor dues and fees.