Condo conversion in DC (East of the River)

[Ben L.]

Hi All - I'm looking to do a condo conversion on a small SFH with a basement in the Deanwood neighborhood of Northeast DC or another East of the River neighborhood north of Suitland Parkway. I would look for a home with a basement that needs minimal work (ie already meets the 7 foot rule).

I’ve heard the regulatory process alone means it will be at least 3 months before I’ll be able to get tenants in there. Does that sound right to folks?

Any kind BP members out there who have recently done a DC condo conversion and can offer thoughts on time, costs, contractors, and title companies? Any unexpected “delights” of working with DCRA I should watch out for? By the way, I’ve had an Initial chat with District Title and they sounded quite knowledgeable, but would welcome any other recommendations.

Thanks all!!