And he converted it to a 2 story, 4/5 bedroom, and 3 bathrooms with an added study.

A recent post that I wrote discussed exit strategies on a property that we’re converting from a 2 bd/1 bth to a 5 bd/3 bth.

Centrally located.Two 2BR/1BA, one 1BR/1BA converted garage.

But I had to because there is a certain population I was aiming for with this house and I needed to have it ready for rent by mid-summer.Years ago I had some friends who were trying to convert their basement into an English basement they could rent out.

If we try to convert a Class C- apartment buildings to a Class A/B+ properties in a Class C- area, will we be able to get Class A/B tenants for $700 to $750 rent?

I am considering converting one to a furnished rental for 1-12 month stays.

The smaller unit was listed as a 2/1, but the garage had been converted to a 3rd bedroom so that helped a lot with cash flow.

I would advise against buying something you can't afford, even though you may qualify for a loan.I'm not familiar with ADU; however, I know many people who have converted their garage without permits and rent them out.

Even if you were buying another primary (which you aren't - you are converting your primary to a rental, then buying a new primary) the bank doesn't care as long as your DTI ratio and credit score can handle it. 

It would not be advantageous to convert to individual HVAC and metering, as it would cost $10-$15k/unit to do so.