FHA requires the work to be done in 6 months or less.In order to buy a home as your primary residence in another state, you'll have to show proof that you have a job in that state or that your employer is allowing you to work remotely.  

Can you provide the source of that information? 

Duplex can always add additional units via the ADU laws. 8) Related to number 1, purchasing a property with an existing ADU is cheaper than buying a property and adding an ADU.

But you can buy or build A class and let it deteriorate to eventually become a D.

Lastly - sis is trying to buy the building from usoriginaly (day one after auction) we thought it would be a good idea)now after we have seen the property and know what a good deal it is - we prefer to keep it instead of the quick flipIt is hard to get our hands on a well priced multifamily and we thought this would be a good intro for us into the buy and hold.We could sell to her for a quick few bucks - but I want to learn the process. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I need all new appliances (Fridge, Microwave, Dishwasher, Sink, oven/range)I also need flooring (Tearing out carpet ..yes it's everywhere...yuck)Will also need to repaint and buy new LED lights for my fixtures. 

Informative read about how to plan & prepare to purchase a home.

This gives us a broader perspective on how market dynamics are shifting over time.To recap: Strong List to Sold Price percentage and relatively quick Days on Market suggest a healthy and active market in Montgomery.If you're interested in a further break down of any of this information or would like to know more about the rental market please let me know.

I'm considering lease with a 5 yr or 10 yr contract with a option to buy.