My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

- Value add - How much does it cost to convert Non-climate controlled units to climate controlled units? 

So I get a ton of traffic from other investors copying my stuff without them converting into a lead right?

A water line burst in the 3rd floor ceiling and by the time I discovered it there were beautiful waterfalls from the ceiling on each floor and severeal inches of water in the basement.

*Have a USP right of the bat to convert leads*Have a huge/constant flow of leads from investors, sellers, partners, etc.If I was doing it for houses, I'd do the same thing, just work on the leads.

Converting a garage into an ADU, sure.

NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!

If you are not attached to the duplex, could be a good time to sell to developers who want to convert to individual condo units.

do you add bathrooms and convert the garage to rooms as well?

Years ago, a friend of mine took on a similar challenge in an older neighborhood near Chicago..he opened up the top floor to create a master suite that felt less like a converted attic and more like a boutique hotel room.