Proximity to NYC, demand, amenities, and seasonality all play into why those are great.

They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.

Plus there is demand for MFU with vacant units (since you would be living in at least one of the units).

Conventional wisdom would have said with rates so high (comparatively speaking to where they were) demand and prices would have lessened in more places and more quickly but in many places prices have held steady even as inventory creeps up.

Checkout some of the great Vrbo tools like market maker.You can see demand, occupancy of your competition for certain dates.The boost function can move you up in the search results for certain dates and it will also show you where you are in the search results for any dates you choose.I get most of my bookings from Vrbo and people always find me on there.

The main tenant called me to demand that I remove the unwanted guest because he would not leave.

My AC has gone on and off for the past week.We are checking on it daily and additional fixes are required.It will probably take additional couple of days to fix it as it has been trial and error.We are keeping the tenant in a loop but she has gone crazy.She has actually been a huge complainer and her demands id that everything is fixed right away.She has mistaken us for hotel service staff because she thinks she is at Ritz Carlton and we are her bus boys. 

Three areas we've been seeing a lot of investor mortgage demand in.

Prices are softening by 10%-20% - not because the demand isn't there - people want to buy.

On the purchase side, the elections is that any meaningful move in mortgage rates could increase buyer demand.