.#2 Is that unless you plan to turn the building into a condominium, you cannot sell the loft and rent the lower unit.

I googled them already Form28 for condominium/ Form 22A/ Form 22K.

I’m an Associate Broker in Syracuse, NY and this happened to me last week: I submitted and offer for a condominium on behalf of an LLC.

• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; • The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; • Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; • Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.

https://www.har.com/content/newsroom/Houston Real Estate Highlights in November:• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; • The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; • Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; • Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.

Purchase price: $100,000 Cash invested: $100,000 Located at Harvard ridge in beautiful Boxborough this bright sunny third-floor condominium is special.

We prefer to stay close to town and discovered Ferringway condominiums.

Occupancy in single-family residences where the owner(s) are natural persons or their estates, who own in their own name, no more than ten single-family residences subject to a rental agreement; or in the case of condominium units or single-family residences located in any city or in any county having either the urban county executive form or county manager plan of government, no more than four.'

The last time inventory was that low was in December 2014;-Townhome/condominium sales jumped 21.3 percent, with the average price up 7.0 percent to $214,337 and the median price up 4.4 percent to $177,500;-Single-family home rentals were down 3.9 percent with the average rent up 5.5 percent to $1,940;-Townhome/condominium leases were flat with the average rent up 6.5 percent to $1,690.

The structures are part of a complex that also has a 30-unit condo building, and are classified as "condominiumized duplexes" (a new term to me).