Hey @Aaron Cooke - Congrats on what looks like a successful deal! 

So be careful and make sure you interview the Expediter and that they have had success in obtaining the Letter of No Objection.As far as evidence that you need to gather, look up your buildings TAX Class.You will find it here: Building Information SearchHere you will see something that looks like this:NOTE that while this is a Dept of Buildings Web Portal, what I have circled in RED is the Department of FINANCE Building Classification.You may not have a CofO, but the Dept of Finance maybe taxing you as a 2 Family.

Can you please share why or why not and how the performance played out over a longer period of time?

My offer to purchase was successfully accepted in a competitive market, and I immediately found a tenant to rent out the space for a 12 month lease.

Regularly performing or overseeing maintenance and repairs c.

@Carlos Ptriawan hey, any updates on how your 721 is performing?

Often, the key to transitioning successfully is starting small, perhaps with a mixed-use property or something that doesn't require a steep initial learning curve. 

Perform a deep dive research into all legal aspects of the specific investment.  

I thought it would be extremely formal guys with briefcases and way over my head. i felt it rapidly grew my network, knowledge basis, and confidence that has propelled me to be successful in acquiring 300+ units over the last 4 years. 

I love being able to turn personal properties into rentals as they required a small amount of cash for a large asset to have someone else paying off.It really depends on your long term goal, but ours is to use these "retirements baskets" into reasons that early retirement at 44 is successful!