Plan is to wall it off and convert to a 4br/2ba,  update existing bath and kitchen, new floors,  interior and exterior  paint.

Where would I be able to find updates?

I have one property under contract that will work well and I'm looking at another or potentially turning one of my regular rentals into an Oxford house in spring or summer 2020.

Any updates?

I wanted to introduce myself as I am incredibly anxious to step foot into the incredible world of REI and would love to know if there are any local investors that meet/would like to meet on a semi-regular basis.I currently have a full time job in outside sales in the Arvada area so I do a lot of driving around which enables me to spend a lot of my time listening to podcasts and educating myself but I would love to get to know some players within my local area to really dive deep into the subject and in which I could potentially be of value in the future.

My purchase price 3 years ago is still almost 3x the most updated assessed value by the Clark County Treasurer.

We bought a house and paid cash for it, forced some value into by adding over 1800 square feet onto it with very little cost due to an addition that was already started prior, and updated the house built in the 80's.

@Donald NewellThanks Donald - will post updates if something works out.

The property use to be an assistant living facility and has been updated , along with 5 acres, and two multi units on the property along with 2 single family homes on the property.

I'll be trying this out early summer and will update if I come across any problems in retaining the 4% rate.