Most do so believing its only temporary but s*** happens in this business..... timelines get stretched, appraisals come back lower than expected, rates remain high longer than expected etc. etc. and what's intended to be a short term solution often adds quite a bit of strain to the property and your business.

Have you asked the HML for an extension?

Understanding these factors will give you a sense of how well your investment could perform long-term.I hope these suggestions help, and good luck as you get into multi-family!

We self-perform the construction work we like to do. 

If you perform, you keep it after that period?

The tenant isn't "happy" about the construction but understands that it's my property to do as I wish.Has anyone had experience with performing construction on a property that a tenant resides in?

It’s been awhile since you updated us on your dst performances.

Needs extensive work but don't know true extent.

Renovated with cosmetic updates for immediate rental income, it offers strong cash flow while preparing for more extensive repairs and the addition of an ADU.

Say I have a first position performing note, what is a typical discount I should expect to give when selling?