. - Going further out Brentwood and Oakley have appreciated quite a bit and have pretty good schools- Something with potential to add value: ADU attached to the main house or separately in the backyard in the future to get additional rent.

Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as tenants in common, can A & B essentially switch over the rental income to B, whereby B reports all rental income and expenses on their taxes and A reports no rental income and expenses?

Currently working on analyzing leads accurately relative to rental income and interior of property when determining offer price. 

The rate depends on how long you've owned the property and your income level.3.

Compare average rental rates to ensure the potential income will cover expenses and provide a good return on investment. 

s, first rent of the newly created unit must be equal to the combined rent of the two previous RS units..in addition, newly created unit will still be regulated, NYS senate just passed bill S2980C..Substantial rehab is the only remaining strategy, which is not cost effective in the current market

Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly.

Breakeven or even a small loss in the first year is not so bad if you need to offset income...and the investor upside is always in the "hold". 

Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly.

I'm sure you could house hack a duplex up to a higher amount than 200K if you are using one side as rental income.