After  3.5 years we have permits for a 17 unit redevelopment project.We had hopes that we would break ground within a year of buying the property....that fell by the wayside for 2 reasons:1) we had worked with the city to increase density through an affordable housing scheme that did not go as planned.

Fun fact, we have the lowest unemployment rate in ant top 25 major city.

My thought would be, if the city is okay with letting owners doing padsplit, why not just letting them rezone the property to multifamilies and build a multifamily apartment, which is a more legitimate solution. 2.

No one answered this for several days, so let me give it a try.My dad owned a mixed use property in the outer boroughs of NY City for over fifty years.

Definitely recommend reaching out to the city first to confirm what permitting would be needed for added square footage.

We live on the opposite side of Canada for work right now relative to where this house/city is.

.- Most cities do NOT care if an owner lives in basement, but will not allow a tenant to unless baement has legal egress window.3) Check local statutes if any limitations on how many unrelated roommates are allowed.4) Check with local building dept to see if rental inspections and corresponding requirements.5) Local statutes allow locks on bedroom doors?

Hi all, My name is James and located in New York City. 

I would also recommend looking at cities close to Greenville, like Anderson, Easley, & Simpsonville as well since Greenville can be competitive unless you are looking at off-market deals.Also the non-occupancy tax would be based on the tax assessed value of the property and not the income it produces.

These are largely in the suburbs and some markets within the city.