One thing people haven't mentioned is look for your own ad on the key rental syndicated sites and see if it presents well. 

I can't think of a better 50th birthday and retirement present.  

This would not necessarily be the case, or the spread could go the other way, though such motive could present one reason for conversion.I am not even sure if rent control gets eliminated through a possible condo conversion in most towns in Hudson County - West New York, for  base condominium rent > $1000, is one exception, it seems valuable to determine the others.

A, B, C, D, E, F, G neighborhood...

Present the pertinent property details efficiently (bullet points, not paragraphs), highlight amenities (in-suite washer and dryer or reserved parking), and include your company name ("professionally managed by...").

Do you really believe the lender snuck in terms knowing you, the "real estate savvy" one was not present"?

Should I present the expenses to all three tenants and ask them to cover the charges?

Quote from @Julian De la Guardia: Hey Tim,House hacking is not just a good idea; it's a fantastic strategy for someone in your position.

Purchase price: $175,000 Cash invested: $43,000 3 Bed 2.1 bath 10,000 SQFT lot Cul-de-sacCharming home completely remodeled.

The presenter lost me when in the initial free seminar the speaker was talking about how it was easier to foreclose on an owner than to evict a tenant.