The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos. 

I don't understand if I count since I'm living in the property or if it's only the tenants that count towards the limit of individuals that are unrelated living together.

Hey guys, I’m newer around the Conroe area and I’m looking to connect with fellow real estate individuals, Contractors, investors, etc.I’ve been an electrician for 10 years mostly in the commercial space, I’ve doubled in general contracting and project management in Utah, but have moved down here in search of better opportunities.

I would like to connect with like minded individuals.

Quote from @John Morgan: I’d do individual cash out refis on them to scale up.

They can't assess all the subjective data like overall layout, view from the living room window, the dogs next door that bark all day, the width of doorways, size of individual rooms, quality of kitchen cabinets and appliances, etc.The best thing to do is study your market regularly.

I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home? 

I always preferred the web/desktop version anyhow, but the app was convenient for conversations!

I manage a few smaller complexes and they are all on individual price schemes though they are usually within a few dollars of each other. 

We can also lend to both individuals and LLCs.I'd be happy to share my experience as both an investor and as a lender.