Where is the property located.assuming the seller added the ADU and did not disclose the ADU in disclosure forms, you may have recourse (depending on the rules of your jurisdiction) but it may cost you some legal fees. 

It’s advisable to consult with a real estate-savvy CPA or tax strategist to explore ways to mitigate capital gains taxes before proceeding.If you’re interested in exploring multifamily investment opportunities in Rochester, I’d be happy to discuss options and provide insights.

Buying the land right (at a good price) will determine the end result of cash flow (if building the home to keep) especially as you factor in Holding costs and Builder fees. 

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

For example, I mention that every adult must pay a $XX application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

Get a good cap rate basically covers your financing and ideally 20% more for maintanance, prop management fees.

I would greatly appreciate it.Thanks,SG There are lenders out there either with low LTV or high fees  pick your poison

Keep in mind, though, it costs a couple thousand a year for board memberships/MLS access/errors & omissions insurance/broker fees.

I saw once where a developer gave the buyer a pass on paying HOA fees till a house was built on a lot. 

Can you talk to someone who is being foreclosed and handle a discussion like that?