I hope you have a lot of cash available to cover the FTC fines. 

We currently use Hospitable for 12 properties, and it's working fine, no major issues, and I know they've been expanding with new features.

Compare my bottom line to those who claim it's fine to invest where you get a $100 a month cash flow and sometimes actually even get rent. ;-) IMHO Thank you so much for your insight.

Quote from @Miguel Garcia: If I look into investing out of state should I look to get pre approved by a lender in that area or would a lender in my area be fine?

For real estate investors, adapting to these changes isn’t just about avoiding fines—it’s about protecting your investment and maintaining a solid reputation. 

You are taking over for someone who didn't care at all about the rules and you want the city to just be like, "yeah, this is fine"?

Just clearly state that you supply a starter supply of listed items and you should be fine.

Of course, accidental investors will do just fine too... 

Now self managing but trying to find a PM. 1 is going fine, 1 is going but always needs work on something (no CF yet), and then there is the duplex.

When the rent rates stabilize, I suspect they'll bring it back.I wouldn't try it in a location like Portland, but 99% of the country would be fine with a policy like this as long as it is disclosed and applied equally.