It has worked out that way when the seller has allowed me to design and rehab. 

We built a single family home version of a 2 bed 1 bath with surface parking at cost with no profit all in with land for 175k in newark ohio, a suburb of columbus ohio. when we push that to 3 units and closer to the city for our build to rent model the numbers go way better. a 30k slab for a single family home is 30k, a 30k slab for a triplex is 10k a door. we designed a 2 bed 1 bath design at 668 sq ft and it's very good layout even I would live there, but I would never build anything that small again. there's no economies of scale. you need density and shared lines, resources, shared roof shared slab, shared windows, etc the cost goes way down.

The point is if you're a consumer banking customer you don't offer what their business model is designed for.

NOTE: most property management software is designed so that any building with more than one unit is categorized as a multi-family property.

This tax is designed to protect tax-paying businesses from unfair competition from tax-exempt entities.Running a self-storage facility is a business. 

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

It just takes good design.

Michigan offers tax credits and breaks for development projects, especially in designated areas like Opportunity Zones.

A garage conversion, however, may not be subject to the same level of scrutiny.Parking Considerations – Parking is becoming increasingly valuable, especially with the rise of high-density micro-units that often lack designated parking.

My wife is a wizard with interior design so we make a great team.All of that is wonderful, but what's next.