My husband and I own a profitable condo we rent out short to mid-term, while living in a single-family home we plan to convert to a long-term rental.

Hello:I got a quote for converting a 16x10 living room into a bedroom.

And aside from being creative when investing, whether it's through house hacking or converting a property into a group-home, also check the zoning of these properties.

Once you prove to the owner that you are reliable they are very likely to convert to seller financing.You don't need a real estate agent and you don't need to use bank financing to buy your rental portfolio.  

Want to convert from coin to card as soon as possible. 

Another could be exchanging into DSTs that will convert with a 721 UPREIT, allowing you to have some liquidity in ~3 years to go into syndications.

DTI factors in rental income from your current residence that will be converted into a rental. 

Because of the location, this is permissible per county regulations, even though the residential neighbors are having a tough time with it.So, we have to move and convert our home into a STR (we cannot sell the property because it is 2 homes and an elderly family member lives in the other home and cannot move).  

I know 8-10% converted to $ will vary depending on how much the rent is and the type of property (or rather the condition of the property, but I'd like to think most PMs would not manage a home that is a disaster). 

Those reasons are:Owner decides to demolish the property, convert the use to non-residential, or convert to a STRDecide to make substantial repairs or renovations.