So, I’d dig into the numbers before making a call.Local zoning and code regulations: Converting a multi-family property to a single-family unit might require permits or specific approvals, so check with your local building authority to avoid surprises.

It might feel out of your comfort zone, but the potential rewards can be worth it if you're willing to do the work.

Start by noting the date of the furnace and air conditioning unit—old units may need to be replaced.Some mobile homes were not manufactured to have air conditioners, so it should be a big red flag if you see window air conditioner units.

A big red flag is their job at an apartment property managment company:- What is their job history in this industry?

I am aware of certain zoning and regulations but am looking to further my knowledge before potentially venturing deeper.

Hi everyone, I have a property in Swannanoa that was affected by the hurricane. I have Proper insurance, tailored to short term rentals. As many STRs in the area, I have been dealing with cancellations and loss of rev...

Understand the risks in different areas, such as flood zones, as they can come with higher insurance costs and more risk.

If it did, I would go on linkedin and see what experience they had (for example that apple... company in TX had asset managers who were overseas VA's  - curious how many of those investors knew that and could have spotted a thirty second search would have created a red flag).5.

However, this is what many real estate books call “phantom cash flow,” which is considered a red flag.

What strategies can I implement to maximize rental income from my first property, which I intended to convert into two units ( Unit 1:Main house, Unit 2: Basement sun room) but cannot due to zoning restrictions?