That is the difference.The convertible equity play is just garbage.  

Converting blight to cash flow has two rewards, the first is that you don't have to hunt for opportunity that shouldn't exist (i.e, investors selling positive cash flow which require little to no CapEx). 

In San Antonio, I worked alongside an investor who converted an abandoned office building into modern apartments, leveraging tax incentives for adaptive reuse.The Right Moment to ActEconomic shifts in 2025 present a golden opportunity for innovative investors.

I've already contacted the county planner and was told I'm not able to convert this garage to an ADU because of setback requirements.

Similar areas that have legal under utilized permitted space convert to max studios that you can fit.  

You would have to convert the rental to an LLC if you want the expenses and income all in the LLC.  

The tenants are currently in court with a title dispute so the house would have to be paid for cash only.I would like to convert it to a primary residence and turn the garden level into a separate two bedroom apartment for use as an in law suite.

Illegal is illegal whether it’s by an inch or a mile and two wrongs don’t make a right.

- Value add - How much does it cost to convert Non-climate controlled units to climate controlled units?

I'm particularly passionate about the Detroit and sout east Michigan area.Outside of real estate, I enjoy converting vans for Van Life.Excited to learn and connect with you all!