I am a first time real estate investor looking the following property : https://www.redfin.com/OR/Forest-Grove/2418-Cedar-Cir-97116/...its a pretty large duplex in Forest Grove OR,  the trick is though, its on a lot zoned for a 4 plex so I am lookinginto house hacking, converting into a triplex, then living in one unit while renting out the remaining two unitsThe left garage has been converted to living space, with a living room, half bath, a laundry room with a sink and some counters/cupboards and a bedroom, it is a part of what was an existing 3bd unitIf I were to acquire the asset, I would first attempt to convert that space into its own unit The line items as I see (be in mind, I am totally new to this) would be to >put up dry wall where the door to the rest of the house is,>add a shower to the half bathroom >install a water heater in the adjacent 3bd unit> install a kitchen in the laundry room, (stove , oven , sink, counter space)>add a shower to the half bath Assuming I can convert it to a 3plex, I could at-least cash flow on my investment after I leave My plan would be to put minimum down payment of 3.5% (FHA loan) that way I can have a decent amount of capital free to do the renovationsThe only concern is when I crunch the numbers to get my ROI, I have no idea how much its going to cost to convert the additional living space to a third unitAny experienced investors here know how I can estimate this before I try to make an offer?

I will try one 1st LEIN mortgage and see how it works for a first few year before I attempt to go all out.

I'm a part of partnership that attempted to do a flip in Fl, but due to market conditions, bad contractors and multiple change orders, etc....looks like we'll be selling at a loss. 

The issue has persisted for two years, with one of those years falling within the builder's warranty period.Unfortunately, our attempts to address the situation with the builder have been met with unresponsiveness, even after involving legal counsel.

Read Beginner’s Guide to help you get started: http://www.biggerpockets.com/real-estate-investingI hope BP serves as a helpful resource for your REI endeavors!

In my case, at the end of their lease when I wanted to show the property to prospective long term tenants, the tenant gave me all kinds of grief about 'invading her privacy' and 'disrupting her life' even though I told her at the beginning of the lease that this was our procedure and I made every attempt to 1) give 48 hr lead times, when typically I would only give 24, and 2) blocked/scheduled showings for 1 day per week and 1 weekend day away from dinner time/church times, etc. maybe this was just the person I was dealing with though...- vet the tenant exactly as you would for a normal tenant.

Anyone in the NJ/PA/NY area successful with this type of endeavor?

So I contacted the Advisor and couldn’t get a response and attempted to go through customer support and the whole website was down and they stole my money and disappeared.

This venture was not just a business endeavor; it was a commitment to community and an expression of my values.

They will attempt to answer them on the call (which is recorded), even if you are not present for the live call.