Here’s a step-by-step guide to help you through it:**Understand Local Regulations:**First, you need to check with your local city or county to see if the zoning laws allow for this conversion.

Just because an architect says you can put 7 1200 sqft homes on a piece of land doesn't mean the county approves that.

It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices.

At the end of the day I would probably go with propstream because it has way more to offer than just creating list.I'm just checking to make sure the owner info matches the county site and for the most part it does.

Unit count is mostly an ego thing.

Section 8 Payment Schedule for the 4BR in the location is $1,670/M & the County Housing has a payment schedule of $1,832/M; so net cashflow would be $523.86-569.16/M at $1670/M and $685.86-731.16/MProperty is turnkey is needs just a cleaning for tenant ready.

To learn specifics contact your local county to see what is required to claim the surplus and perhaps talk to a local tax line attorney. 

 @Chris SeveneyThe long-shot play I became aware of; Capital Improvement Project Funding that the city/county have allocated for projects that meet 2 criteria.Have a lifetime greater than 10 yearsCost more than $50,000I believe, even if the water and refuse collection run is only 1000 ft, that may not qualify but to do it "right", that two mile run would allow the entire subdivision to be supplied with services.

I don't know if the builder will communicate to the county that its 2050  sq ft house and if I put it as 2233 sq ft, some renters might think I am misleading them.

Under the newer (and county-optional) tax lien auction procedure, investors bid down the interest rate they are willing to accept if there is a redemption.