MF with many garages to convert to ADUs, parcel splits, full on development, coop/tic with the resources to handle financing challenges, etc.To raise money in this market as a newby will also be challenging unless you can get it from friends and family.

Can anyone on there provide any figures for converting a standard fireplace to gas?

Convert them into income machines!

For sure, it is a long process, and it you are converting a basement or something, mot likely to fail.I'm starting to go through the process now.

Quote from @Colton Bridges: I recently bought a duplex that I plan to convert to a fourplex.

Quote from @Victor Correa: It’s Mobile Home with Land I’m taking over both land payment and Mobile Home payment and right as of now is considered personal property but you just open up my eyes and I’m thinking what we can do is convert into real property and then transfer the land and that way it’s attached to the land Your thoughts?

If I wholesaled I would get a license, I feel like they are losing a lot on commissions that they can convert to listings

If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan. 

But as of today, I am strongly considering converting it into a single-family rental because based on some Zillow comps I’ve seen I could get upwards of $8000.00 per month which is more than double my mortgage, taxes and operating expenses.

It's all fun and games until your bank freezes and converts your line for any number of reasons that are in the loan agreement.