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

Purchase price: $168,000 Cash invested: $28,000 Sale price: $245,000 Converted primary residence into buy-and hold in 2020 and sold in 2024 when tenant left and partners needed to go their separate ways What made you interested in investing in this type of deal?

If they can put together a presentation/program to convert people, that takes time/effort/knowledge too.

Hello BP,I'm looking to convert my detached garage into a 2 Bed 1 Bath ADU in the Arlington, TX area. 

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.

By the time basement had 2-4 inch water and started flowing on carpets.

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.