It'll increase your equity in the home, and if done correctly, you'll be able to pull out your funds in 6-9 months and get a second property going.

Quote from @Ivan Terrero: @Mostafa KoperlyMSO's like DSO's look for opportunities to exploit nationwide because they are backed by PE.That’s correct.

Sometimes the housing agencies help to correct behavior of a tenant who is violating a lease.Cons - The biggest con is just government bureaucracy.

Is this correct?

But if set up correctly, they can be more consistent performers over time and have more predictable cash flow. 

Quote from @Robert Quiroz: Quote from @James Hamling: @Robert Quiroz I need to correct your notion that the MFH is "better", as is stated in a manner that seems to be a type of state of permeance. 

Quote from @Jessica Neely: There are a lot of different techniques.

At what price is it over valued or correctly valued?

Second, the investment may have been made anticipating a chance of failure; for example an investment may correctly analyze that it has a 50% chance of a 25% ROI, a 35% chance of a 50% ROI, and a 15% chance of a 50% loss.  

From my basic understanding it would make sense to change it to a rental and then do the remodel so I can claim depreciation on my cost, is this correct or not?