Now we are looking at options.There Is a mild shortage of nice existing homes that are affordable in the area, but a good amount of new construction.

They estimated $98,000 for the job and wrote this, basically saying that it's impossible to fix without also replacing the drywall and insulation, and that chemicals and paint would not be enough:"The odors and residue from the smoking are very apparent and appear to have permeated all areas of the Residence to such a level that these odors and residue, that is oil based, cannot beremoved by means of scrubbing with a detergent solution, application of a deodorizing solution, and application of a stain blocking type paint. 

Pretty good system and we have been bone dry ever since.Part of that process involved removing the drywall up four feet from the floor and while it was removed I scrubbed any areas that looked dirty or moldy on the cinderblock in accordance with CDC guidelines for mold removal (actually double their guidelines since I scrubbed it with bleach and water once and then a few days later again with detergent and water).  

To say they are going up “for nothing” will be a false statement to put it mildly.

The city has been mildly helpful.

Additionally the place comes with a nice gym and an (admittedly mildly forlorn) indoor basketball court.

Needs mild to moderate updatingI ask given the COVID situation/rental situation/etc. 

/NYC will have flat to mild RE price declines, but 2+ years from now I bet that it will be business as usual, and these prime areas will soar again.

Unless we have a real mild winter, the thermometer won't be in the 40's for long during the heating season.Good luck however you decide.

Are the development savings, mildly better overall rent, and safety of having multiple units to rent under one roof, better then the possible appreciation bonus on a SFR?