The biggest issue with getting licensed just to fund your own deals is the arm’s length rule.

It may be a non issue or might be significant.

Not sure if this is fixable issue or not, trying to find more info online.

- repeat issues: we pay for the first drain unclogging, but if it was because of something they put down, they pay for the second and we will let them know at the first time.

Sorry to hear about this issue.

Details of that case are here:👉 KUT News – Mold Lawsuit, December 30, 2024Whitestone Crossing1201 W Whitestone Blvd, Cedar Park, TX 78613There are growing concerns from real estate professionals about unethical practices and financial misconduct tied to his name.For those who want to verify his investment activity, here is the SEC Form D filing for Kota Capital Investments:🔗 SEC Filing – Form DIf you believe you've been affected by Sairam Kota or his companies, consider reporting to the SEC or other regulatory bodies.

Not properly accounting for the regulatory risk in my opinion.My Thoughts: The Airdna data also doesn’t account for appreciation being overall lower and more variable here versus markets like N Raleigh or Cary.

Regulatory Compliance: Staying on top of evolving laws, especially around rent control, evictions, and environmental regulations. 6.

I'm dealing with this issue now on one of my fourplexes (out of state different than the one mentioned above) where the old PM and owner never enforced parts of the lease and now that I am (because I inherited the lease), the tenants are in uproar about it. 

But to stay in compliance with NYC Department of Buildings (DOB) rules, every detail must be handled precisely.Let’s walk through how it works under DOB’s Technical Policy and Procedure Notice #3/97 (TPPN 3/97), and why having the right professionals on your team is key.C of O Not Required—When You Follow TPPN 3/97TPPN 3/97 allows apartments in multi-family buildings to be legally combined—without triggering a C of O update—if:The overall number of primary living spaces (such as bedrooms, living rooms, dens, etc.) stays the same or decreasesYou don’t alter building egress (staircases, corridors, exits)The work is limited to interior constructionThis provision applies to all multiple dwellings in NYC, including old law, new law, converted, and new code buildings.What You’ll Need to FileArchitectural Drawings from a Registered Architect (RA) or Professional Engineer (PE)Alteration GC Application for general construction items like partition changes or internal stairsAlteration PL Application for plumbing work—particularly when repurposing or capping kitchen fixturesLetter of Completion issued by DOB when the work is signed off, confirming no new or amended C of O is neededTPPN 3/97 Requirements—SimplifiedSame or Adjacent Floors Only: Combinations are limited to apartments located on the same level or directly above/below each other.