@John BowensAre you loaning from a pre-tax 401K or did you convert to Roth and then loaning from there?

Put a bunch of boxes and crap in that newly converted storage closet. 

Now you see how expensive dining and living rooms are that could be converted. 

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

My question is, does anyone know if it is possible that I can convert the building into a 4 units apartment with that Mixed Use zoning or do I have to request a change of zoning?

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.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $325,000

Cash invested: $150,000

What made you interested in investing in this type of deal?
This was ou...

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.

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.

During escrow converted it to a Roth and paid the taxes.