They each have different stories about what is going on that are pretty different - how do I find out what is really going on in order to make this decision?

Post a few more photos of the different rooms so we can see the general feel of the place.

This is different from "Additional Insured." 

There are two main types of Reg D 5-6 filings.  

Some times our experiences differ; other times our experiences are similar but we draw different conclusions.

They won’t offer financial advice or specifics about what they think you should do but are there to answer questions and help you look at things from different perspectives.

I think different approaches are appropriate for different landlords especially based on the size of their portfolio.

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

Financing is different down here in small investor world.