For this particular property, I went to see it today and the conversion appears to be a rather simple project of moving a door.

Hello, my situation is simple but the agent made complex.

That could be something simple such as adjusting the amount of late fees or something more involved.

I have a background in interior design and have a real estate company.

Research high-rental areas, plan for repairs, and consider simple upgrades.

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Fee simple purchase?

The answer is very simple: if it was that easy, everyone would do it. 

For commercial properties, we require appraisals performed by appraisers holding MAI designation.  

If you get the conventional mortgage and it records as a first lien that’s simple every day deal.