The program had a very small sample size as there weren't many participants + as you mentioned, renovation/conversion costs were extremely high for landlords.For your question, an architect would be a great contact.

@Andrew Syrios is correct, before you scoop up turn key properties that are cash flowing like crazy on paper, visit with local people in that city, live and face to face, not on some anonymous forum but real conversation to see the reputation and if what you are being sold is a good deal or a load of XXXX. 

I have had a lot of great conversations with locals, neighbors, and even other builders & investors though! 

Don't expect them to spend a lot of time on this up-front conversation, but they probably will be willing to give you some top-of-head numbers in the process of looking for another possible client. 

In order to network and make the correct contacts, consider the following advice:BiggerPockets: Be sure to actively engage in South Bend, Indiana-related forums, conversations, and organisations.

I have a few properties around Boston and one of them is a prime condo conversion candidate.

Investment Info:

Condo buy & hold investment in Winston Salem.

Purchase price: $414,000

Cash invested: $75,000

The Camel on Main is a converted storefront in the middle of downtown Winston Salem,...

thanks If you bought it vacant, then many of the expenses may have in fact been acquisition costs to be added to basis or depreciated separately. 100% bonus depreciation was available on certain improvements or items PURCHASED AND PLACED IN SERVICE after 9/27/17.The 750 have to be in Development or redevelopment, Construction or reconstruction, acquisition or conversion, rental, management or operation, leasing, brokerage.

Might change your view on the "doors" conversation. 

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