I have been conversing with a broker from Citrona homes too.

However it would not be something clear-cut, so it comes with risks, restrictions, and it certainly requires a much deeper conversation than we can entertain on this forum. 

Can any of the construction/conversion costs be used to offset the income?

I actually spoke to Mark a few weeks ago and really enjoyed our conversation. 

Wonderful question to stimulate conversation @Jacorion Williams!

Meanwhile the conversations my mother had the most of was with the dryer or washing machine or real intelligent ones with us kids..

It may be a good idea to have some face to face conversations if possible before you spend any money on deals. 

However, the conversations I often hear are silly and hard for me to comprehend.

I'm confused about the whole conversation.

Purchase price: $635,000 Cash invested: $200,000 Built in 1880 as a single-family address, this rare three-story grand brownstone designed by Ogden and Wright was purchased by myself and investors for conversion to a boutique hotel.