Knowing local building codes, permitting requirements, etc.. are important. 

My biggest challenge was educating myself on building codes to ensure that I did things right the first time.

Any problem you have with Departments like Code Enforcement and Plans and Inspection and Environment and Historic is going to cost you time and money and patience.

You’re also unlikely to get any decent financing.If the property is already zoned for 4 units then you’d need to pull permits for the work already done, have it inspected, and redo any work not up to code....which would probably be a boat load of work and time.  

Purchase price: $208,000 Cash invested: $85,000 Sale price: $327,000 Cape Code meets Farmhouse. 4BD, 2.5BA single-family residence.

Those who have put off projects, and are now starting, will still find a lack of labor, longer timelines, inventory shortages or delays, higher costs from last year 10%-20%, more regulation, building/energy code increases, SDC increase costs.  

Then, your job is to provide your tenants with a roof over their head and to make sure the units meet the code and habitability requirements.

Call code enforcement and see if they will help get them out without an eviction.I use this method to remove someone in 24 hours.

I know the deposit needs to be returned within 21 days per Idaho code.

Below is the link that tells you all you can build on it sectionTable 11-6-2: Commercial Districts, check the codes above 11-6-2 looks the my best bet is category P which is keep in mind my goal is to come out of pocket the least possible, maybe lease it out to a coffee shop or something ?