Don't use overly rozy projections based on self-management and renting it out forever.2) Higher risk - how do you know which tenant caused the damages or brought in the bed bugs?

If you’re interested, I have a project in Washington DC $5.5 million section 8 property with a 2 year 18% return on your money with the buyback plan if you’re interested call Pierre 702-406-2469 or if you know anybody I’ll throw you a referral fee

I recommend going to deals analysis and posting the projected numbers along with your overall experience and let people comment that way.

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.