After it's rehabbed, you could then rent both units and use the cash flow to offset another primary residence or potentially refi and use those funds to scale your portfolio.I wish this policy change was being talked about more because it unlocks a creative new strategy for investors in MA, since you do not need to owner occupy to do it! 

This tells me two things: Obtaining a variance will be more difficult because there are already policy considerations in place intended to reduce density & (2) There is clearly an over supply of rental units in this area otherwise the overlay would not exist. 

This usually involves hiring a snow removal service or having a clear policy for who is responsible for clearing snow.### Heating and Air Conditioning Common AreasFor a property like yours with a hallway, staircase, and basement laundry area, it's not always necessary to heat or air condition these common areas.

I'm not currently encouraging investors to do unincorporated JeffCo for that reason - they've become more strict/unfriendly over time.

The point is you have to have a policy that holds true across all tenants and all situations. 

I think there's a good chance that we will see little movement from the FED to see how the economy reacts to their last cuts and to see how the incumbent president's policies impact the country.

Quote from @Renee Ward: In a quote for an umbrella policy, when I see it in writing it is labeled a personal umbrella policy with our primary home cars etc. 

Make sure you get the right property insurance policy. 

Irvington is very similar to newark, which has very strict laws with regard to rent increases. 

Make sure you know your exact insurance costs with a specific STR policy that has general liability as well.