If someone has lived in the same unit for five, or more, years, they are considered a long-term tenant and there are some special regulations governing the nature of their tenancy.One of those rules is that their rent cannot be raised at a rate greater than, or to a level above, other comparable units in the same building.Rules aside ... if they are good tenants, you do not want them to move ... which a jump of $110/mth may cause.

He is recommending using the RDA loan but I'm nervous about the regulations against renting out the home.

There's no quick fix to daisy chaining no more than there's a solution to those investors not following SEC rules and regulations etc.

Check your city's zoning regulations.

Is it worth it to go through the headache of starting an office, staffing, being managing broker or hiring one and dealing with regulations?

I agree with Chris Martin that knowing the building's "use" within zoning regulations is important.

Maybe it's a regulation thing that they can't?

The SEC heavily regulates this area and there are a lot of rules and regulations ... not a DIY thing.

Welcome @Deborah Monteleone Please elaborate with any information you may have on legal regulations and any investor advice or cautions you may have from your experiences.

,I'm not a banking regulations expert, but I have the best luck with local community banks when it comes to "showing them the numbers."