They are just regurgitating marketing 101 trying to sell the holy grail. 

This setup ensures every project stays on schedule and within budget, which is huge in a market where timing is everything.3.

If, through the process of renovating the property, the market shifts, do you have an alternate plan for the property, whether it be to live in it until the market improves, or convert it to a rental property, etc. 

Plus is 4% even in line with market cap rates?

I have been investing in the Las Vegas market for a couple years.

Seeing a lot of new construction rental buildings hitting the market in Bronzeville and the west side, seems to be CMU brick around the sides. 

@Virginia Frost What market/city are you targeting?

I realizing the duplex conversion strategy is more complex I probably wouldn't try it on my first property, just want to get a sense of what's possible in the Chattanooga market :) Thanks!

You can also start by being a "bird dog" and finding off market deals.

We bought a 55-unit last year in the same market, a market we've been investing in for seven years.How we found itOur property manager brought us this opportunity (and the three previous as well).