Unless either of you are in construction, why are you thinking conversion or build instead of renovating an existing multifamily to get the increased equity that way.Very few areas are pro going from one to two units and zoning is the major issue.

That is a conversation to have with a lender and your CPA.Reach out if I can be of any further help.

I would be interested in having a conversation with you to understand your thoughts on the area a little more. 

Since I didn't hear the conversation, I can't be specific as to what might have occurred.But here are some likelys, you say:1.

Thanks @Wyatt Wolff I wish this was a bigger part of the investing conversation.

Yeah, before this, all I'd ever found was a deck of playing cards with 52 sexual positions on the back.

I like to have what I call the loyalty conversation with them after the first round of seeing properties.  

Full rehab of the home to include new primary and secondary bathrooms, installation of new island and coffee nook with granite countertops, new water resistant LVP floors throughout, new paint, crown moulding in living room & kitchen, new electric water heater, and conversion of coat closet to mud room.

If you would like specified market stats and growth information... that is conversation for set aside time. 

And have conversely have had some very poor stays domestically.