If true I am now around position 40 and maybe only ~10 years for having a permit.  

Hey Luca, You could potentially get it inspected and go through a reverse permitting process.

Usually that serves as your VISA if you aren't in the States on a work permit, study permit etc.

can you house hack, or does your lifestyle / family situation not permit it? 

You'll typically ask for it when you're requesting permits to modify your home to have the JADU.You can "sub meter" the water instead of installing an actual water meter.

I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS-  low prices-  blue collar overall, meaning lots of resources for contractors-  growing university, consistently growing rents-  I expect to see an actual 10% cap rate here, higher if the property needs work-  compared to downstate, permitting, evictions, etc. are simple and quick-  no code compliance inspections required on existing multifamiliesWEAKNESSES-  no. natural. appreciation.

@Thomas Lee I closed on a 3plex on Willow St at the end of September (203k financing) and am just about to finish renovation (permits took a little longer than expected and this weather isn't helping the final mile).Regarding 26 Ella, my offer was around 365 with 203k financing (3.5% down). 

Assume you have a document permitting them to stay in the Premises after closing ? 

If the assessor does not show the extra square footage it means it's not permitted space.

Type in search words/phrases such as "City" and "short-term rental permits" or "short-term license" or "vacation rental certificate" or something similar.