Multi-Family property in NYC
Hi all. I am thinking about buying a multi family(duplex) house possibly in Queens to rent out as an investment property.
Since I am new at this I wanted to see if anyone has experience with multi family houses in New York City. Are there certain things I should look out for in a multi family ? What Do I need to make sure it has from a legal standpoint? I.e. does it have the appropriate permits or is deemed a legal two family?
Additionally I have started to look at neighborhoods like Jamaica, Laurelton, Rosedale and Hollis. Are there other neighborhoods in Queens that I should look at? I am thinking my budget will be around 750 K.
Thanks all in advance.