Being able to A/B test MTR at the same time would allow you to know if you can convert the STR to MTR if you ever want to move out and keep the property.As for the net negative house hacks - I always like to remind people that shy away from a deal because they aren't making money that they are usually still coming out ahead if they are spending the same or less than they would on rent.Great last point.

If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan. 

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.

Probably go for a 3 bedroom with an office or dining I could convert into a 4th bedroom and shared common areas, would have covered everything with airbnb and still covered most with long term. 

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

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.

You weren’t trying to convert an owner occupant to rental. 

You also tend to get more frequent and better feedback than with an STR, if you treat your residents well.The last quadrant, unnecessary but not obviously so, is usually as a result of either converting an STR to an MTR or from remodeling above the standard needed.

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..

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!