Any 3 family building could be rented to tenents with govt programes. Yes a fixer upper building could be re-done & get inspected with the city, to be rented to govt-approved programe tenents.
(let me know as i could get tenents with approved programes & the owner gets 4 months rent in advance)... more
The cost of an additional 1/2 bath would be dependent upon where the plumbing needs to be run, where your waste line is, etc. You must get contractor estimates for this.
A certificate of occupancy will be necessary from your town, along with a building permit. Although you are not changing the footprint of the house, there will be an impact on your taxes. The tax assessor's office should have a formula for your area for a 2-piece bathroom.... more