I believe NYS law is 15 days to keep the things, but I have also read 30 days is standard. i want to get the property cleaned up and start working on it...

I wrote an entire post on how to file your tax returns that so that they are more friendly to lenders you can read HERE. 

Read the laws in your area regarding when deposits (or bills) must be sent. 

But then, I just read the signs of the times, no special insider knowledge.

What was your experience before and after venturing into world of real estate investing?

Then read through the results and choose carefully.  

Regarding the Holding side of it - what is your experience when it comes to deeding a property to a holding company after close?

Hello @Andres Pepping from my experience from the HUD website and what im currently receiving from rent from section 8 is a $400 difference in a bad way.

If people are getting free electricity and water, they tend to be a little less frugal :) .Then check on insurance costs for a MFH and add that to your projections.Finally, talk to your contractors and see what requires permits, what their experience has been in getting them to pass inspections, the timeline and the cost.Factor all of these into the decision to move forward or leave as is - maybe advertise it as a 4/1 with a home office with outside access and get more rent that way.One last point - I hope that the addition you mentioned was done with permits and is reflected on the tax rolls because if not, you may open a can of worms you wish you had not.

Personally, I had one experience where my Lender wanted the LLC to be within the state where the property was being purchased.