Always check with your state's landlord tenant laws to be sure you are in compliance. 

There have been a few cases of the city really coming down hard, but when we got dinged it wasn't quite that severe, but it nevertheless was enough for us to get into compliance with their new rules.Because we operate out of Appfolio with our long-term rentals we advertise on all the same marketing platforms with the corporate.

For them investing in appreciation is as sure as the fact that the sun will rise in the morning.Let it go.

Plead ignorance, beg forgiveness, and offer to do whatever they want you to do to be in compliance.  

It would be advisable for the landlord to provide a copy of the rental agreement to to ensure compliance with the HOA's standards and for the purpose of emergency contact.

The DSCR metric assures the lender that the property will be self-sustaining and that's paradise compared to fighting the DTI of conventional.Your exit plan is FMV based upon cashflow so all you need to do is provide the last years PnL and the buyer takes that to his lender to get you the Pre-Approvial letter. 

Here in MA, there is an annual compliance inspection, culminating in a "21E" certificate, meaning that the site is clean.One of the nice innovations in this arena over the last decades is that there are now bacteria that "eat" petrochemical pollutants.  

I used to manage a bank branch in a CRA neighborhood for US Bank, and I assure you that our lending standards were identical there as they were in wealthier areas.In short, banks were (and are) required to offer banking services, including loans and deposits, in low to moderate income areas, but no bank has ever been forced to make a loan to someone who they knew could not repay. 

So I can appreciate your question and certainly thank the contributors for their suggestions to consult a CPA, legally leverage tax laws, & stay in compliance to reduce our tax burden. 

I have called code compliance because trash is starting to pile up.