Depending on the application, first, last, security, and another month or two.

I had only 2 enquiries till now and both did not go any further.I am told this time of the year is slow but is it so slow that I only have 2 enquiries in two months? 

@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?

@Adrian Rae my last two purchases the seller was 1031 exchanging.

I have two real estate property as rental, 3rd one is my primary all based in San Diego.

Your new tenant is like any other tenant, with two exceptions:1. 

No good property management companies want a random two-family for the most part.

Or it takes a third week for your new tenant to move in, now your negative $200 if all the previous expenses were paid by the landlord fairy.

Two year build, 1year lease up.

So obviously there's some room on those two properties to pull out cash, but it hurts the cash flow that has allowed me to get into and start my business more steadily.