The properties are in an area in NJ that is not the greatest, but it is a heavy renter area, where many of the houses are inhabited by renters.

@Mike Huang  I have to agree with @Christopher Griffith, you will not find 2+ fam homes that are inhabitable in brooklyn on queens in that price range.  

I am a licensed Houston Realtor and have worked with investors on many of my deals ajd also have family that invest in our areas, and wanted to know the best ways to build professional relationships with Investors.There are many Realtors and Investors that don't work together because essentially we are each other's competition but I do understand that buying/selling for my clients to inhabit the property and buying/ selling for investors for VERY different.

It DOES sound fishy though and the new inhabitant may have experience in ripping off landlords.

And especially in SF, with rent control and urban density, you literally get extreme and absurd situations like a multi million dollar condo literally RIGHT NEXT DOOR to a rent controlled flat where the immigrant inhabitants (6 in a small 2BR) collect recyclables in their back yard.  

Can they fetch ANY amount of rent currently, or not inhabitable without rehab?  

Due to plumbing issues he claims that property is “inhabitable” and says he will leave without paying.

Hi there-I have two homes, one in the Bay Area (CA) and the one I currently inhabit in Boise, ID.

Should something happen at the property that makes it inhabitable during repair you will be held responsible for housing tenant in a comparable area to accommodate all household members .

Before you kick them out though, this is a multifamily unit and you only need to inhabit one of the units.