I would have to imagine folks who are competent enough to represent this type of value-add are typically focusing on larger opportunities than small to mid-size SFR portfolios.  

I’d just recommend reviewing the renovation requirements for the historic district since they can add time and cost, but the right team can help streamline the process.Good luck with the deal—sounds like a solid opportunity!

Not that it matters much now but we do a "coming soon" after renovation but before/during furniture. 

Nearly two years ago, I purchased a single-family home in River Forest, USA, which required extensive renovations.

In my experience, most people are better off just trying to sell their portfolio and buy a larger asset.

I don't personally have tens of thousands in cash on hand for larger down payments (I do though in my TSP/401k), but my dad will have maybe a couple hundred thousand after the sale of his house soon.

That's because they've never purchased, renovated, or sold a property.

I would like to be prepared for a larger multifamily project. 

From November 22 to December 29, step into a dazzling winter wonderland featuring twinkling lights, stunning larger-than-life sculptures, an ice-skating trail, and visits with Santa.

One thought would be for you to move into the smaller unit and rent out the larger unit to bring in more revenue.