This gave me some creative ideas about how to configure the units and make it more appealing to a wider market with some variability/flexibility for the owner. 

Both are attracting attention for their affordability, growth potential, and appeal to new residents looking for a quieter lifestyle.

If you believe your property has been overvalued, you can gather evidence (like comparable property values) and appeal the tax amount.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

If you loose in small claims you have the right to appeal.

nice - looks like a solid deal - exterior looks like it could be pretty nice looking curb appeal already with just some minor updates

This can be particularly appealing in areas with a strong demand for affordable housing or student populations.9.

After trial in April 2023 he appealed the decree and we settled in Supreme Court that the LLC, the physical rental property, and the mortgage would be my responsibility.  

@Mason Hickman I think we will do a few upgrades in the next few years to give it better curb appeal, the previous owner upgraded a lot of the units but there are still a few units that could use a makeover.

Many competing offers will come from buyers with cash offers or 30%+ down payments.Properties that are most appealing to multi-family homebuyers on Long Island are those:- With newer finishes/recent renovations- 3+ bedrooms in 1 or more of the units- located in desirable school districtsTo make the numbers work and to find a deal where you may have more room for negotiation, I'd target:- Properties with 30 days on market (DOM).