And then everyone can make their own judgement with the information presentedThat's what makes our community here so great, the diversity of experiences and opinions, and allowing anyone free access to see and participate in the discourse and make their own opinions!

Message me if you want access to some of the best deals in town.  

My neighbor did this during one those programs (had a 2 family, made into a legal 3 family by converting the basement) but, among other things, he had to install a fire suppression system in the basement, expand windows for egress/ingress purposes, and do a whole bunch of other things.

IMO, only worth it if you have access to enough capital to scale your efforts, though.Can't be compared.To do well in the lending game, in addition to controlling your risk and what others have mentioned, you need... 

If not, selling the house to an investor could be quicker to access some cash. 

Road access, road view, VPD, Path:1.  

@Jaycee Greene I met with the credit union and waiting on an appraisal but pretty certain I'll access to around $80K @ 8%.

I am planning to expand and in a near future add more houses to my portfolio.

@Johnny SmithThere are other ways to reduce your taxes besides real estate.I recommend finding a tax strategist who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.