David (Architect, owner builder, first-time investor)

I would love to get a better understanding of what duplexes in this area actually sell for, and not just running my numbers based off of initial listing prices from owners.

Talk to installers or apartment building owners.

Happy Investing 🏠Happy Weekend ☀️God Bless America 🇺🇸 As Bruce mentioned we business owners have been going through this for a LONG time.

Does anyone if it is possible for us to get a owner occupied loan where in my girlfriend will be the resident of the home, and I as Canadian can also be on the mortgage application as well.

However, many of those properties are actually on ground leases, so its very rare that the shopping center owner is willing to parcel off a pad and cell it, more often than not they are retaining the dirt and the restaurant is leasing the dirt (generally $100K-$180K annually from most markets I operate in) and then the business builds the building and when they leave the LL gets to keep it and lease it to another tenant. 

Same thing as Bruce with the flood zone...on paper was located in a flood zone but the actual risk seems very low and the owner of the last 40 years never had a problem. 

You could offer them 1/2 or whatever ratio you feel is fair given the circumstances and they can write you a check for that amount to walk away.Another thought, if there is a way you can find out where they are moving, a forwarding address etc, I'd reach out to that new LL or owner and explain the situation to them, I have a feeling the tenant didn't disclose that they have an existing lease as a liability in their financials when the applied, and there may be some application fraud etc at play here that the new LL would likely want to know.Think about this from your own point of view, I doubt if you picked up and left one of your subway locations that the the LL would just let you leave.  

As it turns out, the owners were going through a divorce.

My agent got the declaration pages from the current owners policy.