Without hearing the conversation its often hard to gauge the objective...she could be fishing for you to pay, she could be venting, she could be complaining thinking you could do something, or she could just be making conversation...who knows!

., you have a specific problem), phone or Zoom conversation is $200/hr, minimum 30 minutes.I do this because there are thousands of you in central Texas and one of me. 

Comps when the 2 family conversion are complete are around 650. 

The below was something I was using but not sure if this is conversative or not. - Maintenance & Repair: 5% of total rent- Cap ex / utilities: 5% of total rent- Property management: 8~10% of total rent- Misc & reserve: 5% of total rentFull rent: 4800(rent) - 2600(PI) - 800(TI) - 1150(Expense) = $250/mOwner occupied: 3600(rent) - 2600(PI) - 800(TI) - 1150(Expense) = -$950/mOwner occupied & no PM: 3600(rent) - 2600(PI) - 800(TI) - 700(Expense) = -$400/m I thought it would be $0/m if owner occupied although $400/m for myfamily is low enough.

Walk the next property with a GC, have a conversation, and ask questions.

conversions generally don't work great when combined with a cost seg.

I haven't seen any statistics on this, but anecdotally we're also seeing a lot of conversions to MTR, which makes a lot of sense if your property is already fully furnished and you have the systems in place for guest management. 

I have been doing some research into MF properties and have had some extremely informative conversations with some lenders and agents (Thank you Rick, Jonathan, and Jake).

I would love to have a conversation with you about it! 

Purchase price: $120,000 Cash invested: $120,000 Sale price: $349,000 Nice mid century bungalow conversion to 4 bedroom 2 bath