Chatting with a few professionals in the field will be the best way to ramp up your understanding quickly.

I'll try calling you tomorrow for a quick chat.

You have to really know the market and act quickly.

Plus, a lot of firms are taking a stance against dual agency and "encouraging" their brokers to refer the other side to a colleague, for a referral fee (this is what we typically do up here in Bellingham).  

Quick notes about me: I was born and raised in NYC (Queens, Long Island) Current 2-family rental is in Queens Village I work full-time at a growth-stage technology company in NYC on their Strategy team My goals are to get 10 additional doors under my management in the next 3 years. 

Replacing roof, HVAC, water heaters, etc. can certainly change the math quickly on a $100k property.That said, if its currently rented you can assume the plumbing and electrical systems are at least functional.  

This will go a long way in getting a bid quickly.  

So I borrowed money from family to buy an MF  for investment and quickly after that my family decided they wanted their money out.

I'm encouraged you like the second option as well -- I may still go that route after meeting with her in person tomorrow to feel it out a bit more. 9 months out is a bit of a bummer, but with this location I have hope it will still have legs by then!

So now there is full blown litigation, TWO attorneys charging and quickly the whole thing goes belly up.