Should take the opportunity and ask the bank to renegotiate the purchase price at a deep discount? 

I am considering purchasing a large 2 family in the Bergen-Lafayette area of Jersey City with plans to convert into two condos (plans area already in place).  

Typically, most lenders will require a minimal of 20-25% on a multi-family investment property purchase. 

What are some areas to purchase in that have good school districts and will invite long term tenants. 

Does anyone know where I can find off market properties to purchase for rentals???

I found that the estimated renovation costs to be under and the ARVs to be way over - this is now proven where another investor purchased the property and is trying to flip it and I've seen several price reductions. 

Purchase price: $320,000 Cash invested: $55,000 Sale price: $320,000 Helped House hack for a cient of mine.

Keep in mind, since they fund the deal 100% (purchase and rehab), they are taking all of the risk.

I am an out-of-state investor interested in purchasing a duplex (2 bedrooms, 2 bathrooms each unit) located just a 10-minute walk from ASU.

If the guest is spending a longer time there they may elect to get their own, short stays probably will not bother or just purchase their own.