Your basis in the entire property will be divided into each of the 6 units. 

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

She has a ton of units in Des Moines and still lives in the area so may be able to give you some advice on what might work there and what won't.

Be prepared to face fluctuations in the market, unexpected repairs, and tenant issues.

Will you be incorporating artificial intelligence (AI)?

And you definitely do not need a license to be an investor.

we did the first 3 in a 18 month period we used internal funds so no debt.. these were 350k to 400k all in projects.. so U need cash to be a spec builder or you need investors if you dont have cash..

You could also get a couple different agents in the area to get you good comps on what to sell it for and compare on what they say the out price can be. 

I'll be happy to share my experience.Would like to learn about the sb9 lot split as well since I am hearing that ADUs aren’t getting appraised for it’s value. 

I will be there in January and I am bringing a fellow first time attendee as well.