Any additional permits?

@Erich HatchFirst, I look at permit history.

I have been a loyal W-2 worker for a long time now until I was educated about the financial benefits about real estate.Thank you for the lesson! 

It sounds like you can not for any purpose since the conversion is not permitted.

I have started soil tests on 12 lots costing me a total of $5340 for the permits.

And, that this return to office will manifest itself first in suburban areas with relatively less competition and shorter commutes for local workers, and that re-absorption of inventory will take a lot of time in urban areas with tons of vacancies.

Perhaps they would make more money if STR was an option, however if that's not permitted in their location, no STR demand exists, or no STR PM is willing to take on their property, they may not have that option.

That's a spreadsheet that doesn't transfer to a real life leasing scenario because its not permitted within the zoning code.If the property is zoned RM1, then  perhaps you can lease to 8 unrelated individuals by converting the building into multiple units.

I know certain areas where I live are limiting those types of permits, etc.

A key step is also meeting with the City and/or all entities who are involved in permitting.