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. 

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.

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

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

@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.

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.  

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).

We appealed and got no change- still 19k below.We discussed a 10k variance in the potential appraisal when I was in the office and I appreciate that REI stuck to their word and dropped their price to get to 10k above appraisal.

@Ben Whittingtonthis is not an area i am involved in but i am curious what about it appeals to you and if you're already invested in other areas.

But the liberal legislators like to camouflage this constitutional taking by appealing to the emotions of the public by using the term "eviction."