Hello BP community,My family owns an 8 apartment  multifamily building in Greenwich Village NYC with a storefront on the first floor. 

All new basement... prior owner had done as a DIY and the village made me start all over.

HI Rafael,I own and manage a multifamily in Old Goucher-Charles Village.

I will be checking the property out his weekend, it's located in the Village Center.

before you go too far down the road i would call the local town/village/municipality and find out their views on the park. sometimes they have moratoriums or special regs or requirements on that park that you'll need to be aware of before you can even begin to guess on the pricing. 

The HOA is now asking me for my "Village Rental License" - does anyone know what this is? 

@Chad EllisTwo duplexes in southwedge (Oakland Street and Cayuga Street)Three duplexes in North Winton Village (2 on East Main at Winton and one on Marion) One triplex in Park Ave (Rutgers Street) One SFR in BrightonOne SFR in Pittsford (still own it!) 

need to know the purchase price you're looking at 1st.stay away from warrenties; waste of $.be careful when considering you'll profit $1000/month. there are vacancies, nonpayment from renters, evictions, tenants trashing the place, paying for the water bill (if you're responsible, which is often the case when only 1 meter on a multi unit), village permits/licenses, attorney's fees (with your $, you want to start an LLC to protect yourself from a lawsuit). look up on here the 2%/50% rule & do your research. great tool to start.but you're in the driver's seat right now for buying rentals. better COC return than most other investments, if you know what you're doing & get lucky.

The 1st shows were excellent...like saying they had to pay the lawn fines from the village...that's the stuff people don't know about at auction purchases.

not sure in your state but here, around $2500 + if there's a village transfer fee (a "welcome to my town" BS tax) which is a % of your purchase price.