There's a bunch of houses out there with "in law" units that make ADU conversions simple and affordable.

Costs may disqualify the opportunity even though in theory it can be converted.I believe its important to set expectations and if this is an 8 bedroom RSA5 home just as an example you very well could be looking at a building that's obsolete and again even if it is RM1, depending on the costs of the conversion, still potentially obsolete.

Not every person reading our conversation will have almost 3000 posts.I think it is possible to operate an MTR arbitrage ethically.

These areas offer a mix of renovated bungalows, new construction, and industrial conversions, with increased demand from young professionals.

I am debating about the converting the existing old gutted building to either multifamily building (6 units each around 500 sqft small studio) or mix of 4 residential and 2 retail/restaurant conversion (the back side of the property has Big enough lot for outdoor dining or any other use cases.Any recommendations for use case of pure multifamily or mixed of multi family and retail?

These conversations can help with sharing stories, etc.  

Conversely, those who just wanted to relist without any repairs, or continued to try to increase rent despite the market shift are struggling to find tenants.

Through a lot of conversations and connections, someone has presented me with the opportunity to buy an 8-unit multifamily property.

If your lease does not address this, then I recommend you have the conversation quickly.I give tenants two options: 1.

They will also provide guidance on how to handle the conversion and any necessary adjustments.