You can probably make decent returns in Akron based on gross income and purchase price.

@David Naphy With a strong credit score you can do better than 8% on a DSCR based cash out refi today. 

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

Those numbers are arbitrary unlike taxes and insurance and they vary based on age, condition, area, landscape, PM, and other things.

The home was built in 2006, great neighborhood, close to the highways, close to everything new that is being built, close to a military base.

Anyone have a cheat sheet or checklist for covering your ADU bases?

It would still be based on the revenue it produces.

Reason why is if you go to sell it, people are not going to comp it based on 40 year loan.

They're coincidentally based in Boston, too.Good luck!

If it is recorded as built in 1920, that is what the insurance will be based on.The most valuable update with regards to insurance is the roof.