This could be a huge boost for those who have begun to get their feet wet but may feel some hesitation.

This method would actually boost my cash on hand by going this route then.

@Carolyn Morales, sounds like triplex is the right choice from a zoning standpoint. 

When I dig deeper it turns out they were just boosting random posts from their Fan page, which is basically just throwing money away.Pointing out that people need to target homeowners that are likely to move is going to help out a lot.

Would be great to get that $260K equity boost obviously, while still living in one of the condos.The project is a 203K and I understand that it's possible to do a condo conversion if you have an FHA loan:https://portal.hud.gov/hudportal/documents/huddoc?...

Once they are paid off you will get an income boost as well.TK is another strategy, but like @Andrew Jonhson said, how do you reload to purchase your next property.  

check out the article if you are interested.http://www.prnewswire.com/news-releases/seattle-renters-need-biggest-income-boost-to-keep-up-with-rising-rents-300436419.html

Could mean an economic boost to the area and steady market of qualified renters.Requesting a copy of the current lease is a good idea.

@Mario Morales  The only reason to do that is if it is easier on you.

And if you ultimately want to go out and raise money to acquire a net lease asset personally, it'll probably be that much easier after gaining this experience because you can speak to that experience to help boost your potential investors' confidence.