In theory, the town could ask for proof that the use has existed prior to the zone change.

You need someone who clicks with you personally before engaging in a mentor/mentee relationship with the dedication and stress that may be involved.Where to find a mentorStart by looking within your existing network.

I know there are some in Dallas proper closer to downtown, but I was curious if they existed in the more suburban/urban hybrid areas like Lewisville or Plano (though I'm pretty priced out of Plano for now).Thanks for the help!

Hello Ezequiel, You can't find them because they don't exist here, at least not in an institutional way. 

There are very few properties that cash flow if they were bought today, but that doesn't mean that they don't exist.

Unless either of you are in construction, why are you thinking conversion or build instead of renovating an existing multifamily to get the increased equity that way.Very few areas are pro going from one to two units and zoning is the major issue.

In addition to the offer terms, a savvy seller will want you to prove your have ample ability to pay both notes (your existing home and the seller's note(s)).

(not short term).Does this even exist anymore?  

I prefer the latter because you'll have the opportunity to spruce up the property and get market rent from a tenant you screened and selected.If you choose to raise rent on the existing tenant, I recommend notifying them to see if they want to stay.

So, I sent email asking PM why there is late fee existing?