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Updated over 4 years ago,
Should we rent out a multifamily property with separate leases?
I am under contract for a property near Temple University campus in Philadelphia. It is zoned as a multifamily but not built with separate units.
Can we rent this out with two separate leases or does there have to be a physical barrier between units?
Likewise, if we bought a property zoned single family, but it was separated into different units, could we rent it out with multiple leases or should we go through the tedious rezoning process?