They are not wrong, you will eventually need a repair.

If you eventually do hand it off, then you will know what makes a good property manager or not.

I would love to continue learning and eventually using Real estate investing to climb out of my hole.

This seems like a great opportunity to take abandoned strip malls or motels and convert them to residential.

Additionally, I’m considering converting a garage into a bedroom.If I want to list these properties on Airbnb, I understand I’ll need to obtain the following:• BTR (Business Tax Receipt)• CU (Certificate of Use)For these, I’ll need to undergo a city inspection.

It seems like your ROI is basically the same in each option, but you are taking on a much bigger project to convert a single family to a four-family.So basic calculations, since we don't have a full financial picture, i.e. what does financing of each look like?  

It's also important to be aware of any deed restrictions or covenants that could impact your intended use of the property.A Personal Anecdote:I once assisted a client in Omaha who purchased a Freddie Mac home intending to convert it into a rental property.

This includes converting it to a rental property or refinancing into a different kind of loan. 

It will all work itself out eventually(hopefully no jail time lol)

However, I eventually started to let pets in after my property manager convinced me to do so.