For smaller community banks, you will want to reach out directly to the Chief Credit Officer of the institutions.

According to the stony brook site:“A rental dwelling unit is considered legal when it has been inspected by the Chief Building Inspector or a designated employed by the town, and meets all applicable housing, sanitary, building, electrical and fire codes, rules, and regulations.

., & Fire Chief inspections.Biggest issues are bad/hidden handyman fixed plumbing runs/hookups, over amped burned wiring in junction boxes & outlets.

I'm hoping it is near Rochester and Syracuse so that I can travel there every now and then.

We now have a complete fire sprinkler system installed, all units have 2 stair exits down & all units now have adequate egress windows installed.Took me about 18 months to complete it to code & had to get it signed off as compliant by our commercial architect, the bldg insp & the fire chief. 

@Frank Procopio Do you have and recommendations on companies to go with for landlord insurance in Syracuse? 

I've just forwarded the info to my wife, as she's our CCCC - chief chick in charge of colors. 

The property is located in Syracuse, NY.The seller is offering the following terms:Minimum $10K Down, Amortized over 5 years, balloon payment at 12 months, 5% interest rate, $500 monthly payment.

I had a tenant threaten to set my building on fire,, I called the fire department and they sent out a truck with a fire chief on board, he didn't take it lightly told the guy it was a felony act he was threatening and with that report I had the guy evicted for cause , a quick expedited court hearing and out in quick time.. 

So if one party is doing the administration of investments, they should frequently reconcile with the other party so as not to incur earnings from idle capital in a savings account, for example.Based on consultations with our tax attorney and the chief compliance officers of several custodians we work with, we are cautious abut clients pursuing such JV transactions.