Architectural plans are done too.

I can get it for dirty cheap however after doing research on the title and the city, I found that it is one of those "historical registries" and any demo/build/remodel will need to be subjected to architectural review.

I was a junior in a landscape architecture program, when I decided to take an intro course in real estate finance and development.

I'm an architectural designer living in Redding, Ca.My interest here in BP is to learn the mistakes / successes of others developing real estate.

I am a recent graduate of Wentworth Institute of Technology, in Boston MA with an Undergraduate and Graduate degree in Architecture.  

I've been on the architectural design side of quite a few commercial developments in the past. 

Please be mindful, also that if you're in a historic neighborhood like German Village, you'll likely have to pass any building plans by the neighborhood and city, first, which would mean architectural fees and permit fee.

What about BRRR in lower income neighborhoods like Panorama City, Van Nuys, Sylmar, San Fernando?

Several recent upgrades: brand new driveway, couple year old roof (architectural shingles), New gutters, gutter filters, downspouts, drain tile for downspouts.  

My question is, is it worth converting with all of the updates that would have to take place such as getting the bottom units up to code, possible sprinkler system, etc. and the needed acceptance of an architectural plan drawing from the city?