Best of luck with the project!

My thought is if you have $40,000 invest it in a project....not mentoring. 

It seems like your ROI is basically the same in each option, but you are taking on a much bigger project to convert a single family to a four-family.So basic calculations, since we don't have a full financial picture, i.e. what does financing of each look like?  

I am in the Houston area where I build most of my commercial projects for my construction company.

Has anyone also finished a project since the new rules came to place but placed a tenant meanwhile before they had these?

My experience was excellent both projects were completed successfully, on time, and delivered solid returns.

My team currently has multiple projects underway throughout the Salt Lake Valley.

@Timothy Eatonyou can post rents and projected expenses in this post. 

You can determine what a decent salary would be for someone in your market and then reverse-engineer to see if what you're paying as a salary, plus the projected performance commission, will get you there.

If you’re looking to connect or explore projects, feel free to reach out.