Condo conversions are bureaucratically intensive and usually not worth it for 4-Plexes. 

This area is hot due to it being close to downtown.  2.

I think this is going to be a hot topic for many given that the big driving factor is the low rate we have on the old house (2.7%) compared to our new house (7.1%).

Hot homes can sell even faster, in around 15-24 days.The price per square foot averages around $640.Example recent sales include:$1,140,000 for a 4 bed, 3 bath, 2,228 sqft home on Oxnard St$1,300,000 for a 3 bed, 2 bath, 1,936 sqft home on Hatteras St$1,612,500 for a 3 bed, 2 bath, 2,161 sqft home on Oakdale Ave

We acclimated the flooring, but I suspect the existing tenant may keep the house at some very different temps (when she travels I suspect it's quite cool in the winter just warm enough to keep pipes form freezing, and very hot in the summer).  

I Own 15 Residential Lots & Looking to Get Started (Hot Springs Village, Arkansas).

. - Consider guest amenities, house rules..hot tub..pet friendly etc- TLC.

MBA was "hot" back in 80s or 90s. 

When looking at this you should focus first on the ARV though you may not think on selling that will give you an understanding if you will have a return After the rehab.Then you look at the cap rate, this is important for the long time investing and It will depend on what you are looking for (Long Term return, cash flow).An last is cash on cash that will help you to get an idea on how your money is working.Dallas is a hot market for investors and these are the numbers that I am seeing:ARV: ~80% (Ideal this Number should be 70% to 75%)Cap Rate: ~5% to 6% (Ideal this Number should be over 7%)ConC: ~4% (Ideal this should be 6%)Trying to get the ideal number could take you a while.MF with 2 to 4 are completely different than 6, 8 and above.

--> Crowd Pleasing Standout Outdoor Amenities🏀 Sports Court - Pickleball & Basketball⛳️ Putting Green🔥 Fire Pits🔹 Hot Tub👨‍👩‍👧‍👦 Multiple Seating Areas🏓 Corn Hole & Ping Pong💧 Heated Pool🍔 Built-in Grill🖼️ Outdoor Mural--> Crowd Pleasing Indoor Amenities & Design🔹 Blockbuster Movie Themed Bedrooms & Design Carried Throughout the House🔹 Converted Garage Space Into a Pool Table Game Room🔹 Poker Room🔹 Themed MuralKey Takeaways to Drive Revenue for Your STR🔸Know Your Guest or Avatar and Design for That: Don't be afraid to go all-in on a theme that resonates with your target audience.