As more and more people convert these to single family homes, the two flat becomes more and more rare in this neighborhood and more desirable.

I have been weighing the pros and cons of getting my license to get immersed in the RE market and convert that knowledge to investing for myself.

I collect a convertible "Holding Deposit" for any unit I hold for a tenant - for any length of time.

Eventually it may return to a tenants' market but hopefully you've been saving during those years so that if central AC becomes a competitive advantage, you can convert.

The interior paneling was usually a  3/16 inch photo finished veneer very light weight and the exterior siding was aluminum which was also very lightweight.

Then once it has past the qualification time period, convert it over to an investment property and do the same thing over and over again.  

I'm converting it to a two unit.  

I'm excited by the residential and commercial real estate market of Southern California, and want to begin to explore investing while continuing to focus on my career in hospitality operations & sales/branding & entrepreneurship.I focus on opening and building operations and sales systems for event spaces, specifically venues converted from industrial buildings and independent, site-specific hotels and restaurants looking to create or repair revenue streams from weddings, corporate parties, workshops, and in-house programming.

I'm currently living in the 1-bedroom, but I'm renovating and converting it to a 2-bedroom.

He then found tenants to convert it into a rental property and has been a rental property for him since April of 2015 to current.