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.

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

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

From there, I would like to explore house hacking/the BRRR strategy, but I know there are rules, regulations, and connections I will need to make all this happen.If anyone is willing to have a conversation or thinks they could use my help in bettering their real estate business in return for some advice, I would love to at the very least create some new relationships.Here is my 2.6 cents adjusted for inflation...What about getting a realtor license?

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.

These conversations can help with sharing stories, etc.  

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

I even tell them to reach out to me if they have questions, knowing only a few will actually follow through.And that’s what sets high performers apart from the rest: taking action when most people hold back.If you’re just starting out, remember, one conversation could change everything.

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

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?