Or often places like that will violate the HOA guideline, but as long as the tenants aren't obnoxious it is usually not enforced. 

So, if the office is vacant the appraiser may have identified the property as being a single family once again because that was probably its original permitted use.Also, I wouldn't call this a duplex as that usually implies 2 residential units to most people.

One of the roofs I replaced had a lot of damage and had 22 sheets that needed to be replaced. 2 free sheets, then 20 extra at $40 a sheet cost me an extra $800 on top of the normal roof replacement.

@Bagus Adiyanto if it isn't a crazy amount of water usually just putting a dehumidifer down there will do the trick.

Usually pocket listings have reasons on why they are not on the MLS.

from what i see you have to spend a certain amount of time per year in the bizz and i mean really in the bizz.. this is probably an audit trigger as well.. so if you get audited you need very detailed supporting documentation.the Advantages of course are for the many write offs that being in the business affords us.acquiring a RE license and actively work in the industry usually is the easiest and safest way to claim these write offs.

I'd rather have 4 condos than a 4 plex because they are usually in higher income neighborhoods as I can control where I buy condos.I'd also rather buy a SFH of the same price as a 4 plex as the appreciation and rent can be just as good while dealing with a single roof, single kitchen, single family, single property management company etc vs 4 of everything.One thing nobody mentioned is an old 4 plex already 30-50 years old in 30 years might not be worth any more than the land it sits on as houses need to be rebuilt.

It usually will be more money for you and you are hiring a licensed company to act as a fiduciary rather than a stranger trying to run a business in your property.

It is often very difficult or possibly even illegal to charge for extra people in a unit because depending upon how many bedrooms you have most states allow you to rent to 2 people per bedroom plus 1 more, or something similar.

We plan on making improvements but business will be running as usual just with us as the new owners.