When I look up this question on internet, it always says that in NYC, its the tenant who pays ...but in reality I am told that about half of Brooklyn listings are no fee (meaning that landlord pays) in order to get it rented fast.   

I reached out to an architect that is familiar with the process & he said it could take up to 6 months.My advise to you as the buyer is that the purchase price should reflect the 6 months you'll have to wait to legally rent out both units.

If the owner redeems, you can keep all the rents up until redemption.

Networking with other investors is key, and I’m always up for exchanging ideas and learning from each other’s experiences.Looking forward to connecting and growing together!

I bought a house with my ex, and after a few years, we split up (on good terms).

I have never been to Detroit , I have no reason or desire to visit there , so I cant compare .

Lots of reasons why to go that route.

If you end up looking in the midwest, keep in mind that many of the MF properties will be in the tougher areas.

I'm also reading about a step up basis which would pretty much make capital gains tax my Dad would owe, zero.

The comps all suggested this was reasonable.