My original SFR was 1100sf and I added 2 units: an 800sf SB9 unit and a 750sf ADU (converted garage plus addition).

It's also unlikely that you can convert a single-family home into a community center (not sure if you mean an actual community center or co-living space).

All the rest can be subbed out unless you are doing a full remodel by adding square footage to the house/converting a space (bath/bed etc).

What is the realty of converting a new Warehouse build into apartment spaces?

If I convert those monthly nets into annual nets and plug those in to see what amounts of cash in would lead to those results in each case, I come up with:Scenario 1: $2000/month ($24000 annual) to equal a 12% return means you're in $200,000 cash. 

You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.

I would like to buy a multi-family and convert into micro units to maximize revenue.

As LP investors, you pay us to convert opportunity into reality, and that is what we are doing.

I am at this writing currently selling a 35 acre tract to a big developer who is converting the local golf course here in Oregon that was zoned Open space.. they have been successful in getting the rezone..

query=garage#sear...If you can rent a 2 garage at $450 without spending ~$150k for a garage ADU conversion, no work/risk of the ADU conversion, the lower maintenance/capex, easier eviction, no rent control, less tenant interaction, it will not convert your SFR to rent control, etc, it seems superior to the garage ADU conversion.