There was a paragraph in the contract stating that they needed permission from the owner/pm prior to doing any repairs, alterations, etc. to the property.

Our PMC lease allows cosmetic alterations, but also requires the property to be returned in the condition received.- also, good luck getting a judge to side with you about nail holes in walls to hang stuff.

If current trends continue, institutional market share could reach 20-25% within three years, fundamentally altering competitive dynamics for local operators. 

They looked so similar at first that I thought one was owned by the other and they just changed the UI a tiny bit and altered the colors. 

If we had constant, repeat turnover - every year or two - then we might have to alter this but these days I've got a number of tenants closing in on 7-10 year stints, so having a month of down time (it usually only ends up maybe 2 weeks) gives us a chance to go through the unit and get everything up to par before we (hopefully) park another tenant for 5-10. 

Once plans have been stamped by the city, I do my best to not alter them as it costs time and money.

Remember, I sent a signed and amended the agreement on November 28th, sent it to them for signature, received confirmation of their receipt, wired funds, requested multiple times they send me the fully executed agreement, never received a fully executed copy back from them and finally was questioned by them yesterday as to why I altered the agreement (meaning there was no meeting of the minds since it's therefore proven that they didn't even look at it).I have rescinded my offer to enter into a contract with Estate Legal for lead generation services and am now seeking a full refund, including my cost of wiring the funds. 

The limited 203k is no longer limited to 35,000 - it's now up to 75,000 in repairs, and thats for projects where there is no change to structure, IE, no moving walls, alterations, additions etc.

I know Airbnb has recently altered their fee structures. 

If you intend to change the use or substantially alter the Property (e.g. construct an addition), in addition to zoning compliance certificate, you should also carefully research whether your intended use is permitted by the zoning regulations.