One investor/loan is okay--more than that, and it delves into the highly regulated world of securities offerings which it sounds like you dont want to get into.

Make sure you understand/follow all zoning, code enforcement, fire safety, and short term rental regulations totally, especially if building new. 

@Tanner CrawleyThe regulations clearly say that only the portion of your investment that comes from gains will get the 10-year benefit.

Hello again,So, my current bank requires me to wait a whole year before they calculate net income or net loss on my first rental property.Needless to say, I am not thrilled because I bought undervalue (20%) and forced a slight appreciation (5%) on the property.The bank also forced me to put a large down deposit (45%) on the property due to my debt to income ratio along with a 25 year mortgage at 4.5%.Thinking about doing a cash out refinance on the property with a 75% LTV in six months, but...Here is my question: Are there federal guidelines that regulate how slow or fast a bank is required to calculate net income or net less for my debt to income ratio?

And once something is taxed or regulated, those taxes/regulations never go away. 

When moving to a new house, we need time to get used to the environment.

They have filed Form D with the SEC and are compliant with the laws and regulations.

@Olivia Lowe Did you receive copies of the master deed and rules and regulations from your realtor?

See below article:https://www.nytimes.com/2019/06/12/nyregion/rent-regulation-laws-new-york.htmlBest,

I am happy to create a much nicer environment for the tenant if we can work out how to fix it.