Would love to join, if my offer is accepted I will suddenly have 2 STRs because I spent the last year converting and living in a 35 ft school bus that I plan to list as a unique STR, while I house hack the new property(The property I put an offer on has an established AirBnB). 

Our household income is currently $320k pre-tax, but I might be getting a new job soon, which could bump our income to around $380-400k pre-tax.Initially, we planned to buy a property and convert it into a duplex, but with houses in our area starting at $650k, we've started considering a different approach.

yeah if you can save on the furnishings and added expenses then just converting to a LTR is the way to go.

I've been converting unique buildings for quite awhile, very much as a side hustle, until recently.

Something like 95% of chapt 13's fail and are converted eventually to chapt 7.While in a bankruptcy, the court decides what you can and can't buy.

What if you have an office that could convert to sleeping space? 

The right thing to do is to speak with a contractor and make the necessary changes to convert the basement into a legal residence.

The dilemma i face now is that I can’t decide if it makes more sense to embrace the c class identity this property gives the impression of, or put a lot more into the renovation, get better quality tenants and convert it to the B class property that the building (and the area) should/could be.

However, it is possible that an owner illegally converted a property to a multi-family property in a zone that does not permit it.

If I give you a dollar, how effectively are you at converting that dollar into maximum exposure?