Feel free to DM me with any questions and I'd be happy to share some additional insight. 

Some skill sets I could bring to the table range from digital marketing, site design,  documentation prep, market research, deal searching, and whatever other leg work is required; I just think the most important thing is for me to learn with an experienced sponsor on my side.The type of venture I think is appealing at this stage is a single home or multi-family unit with existing rental occupants.If this interests anyone, please reach out, and if anyone has feedback on the best next steps for pursuing this type of venture, it would be greatly appreciated.All The Best,John 

They can't afford a 75 or 100% increase in rent.They could have family move in with them to help cover the extra cost possibly but you would have to qualify the additional people. 

Bought first site in Nebraska in '23(looking for more there) but big snow so far thru January compared to last couple years.

So, the seller finance would be to the estate which may need additional funds to settle other debts.

Additionally there are some great facebook groups to advertise on, the biggest one being "Travel Nurse Housing - The Gypsy Nurse."

Additionally, if the commercial portion of the mixed use property is in disrepair, that may disqualify the purchase from being FHA eligible, similar to how any property may be disqualified for a regular FHA loan if it is in disrepair.As I understand it, your specific question/situation involves converting the commercial portion of the mixed use building into residential apartment(s) to make the space 100% residential.

I would reserve 20% for vacancy, maintenance, and capital expenses, in addition to property management.

For additional context, it's a 1 Bed 1 Bath, I currently pay for utilities on top of rent and I'm hoping to pass those to the tenant(s) who come in.

However, I would suspect most larger developers who will undergo the type of site work you are describing won't be as incentivized.