Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Im targeting a multifamily purchase but seller must be willing to seller finance at least 20%

I believe the best way to go about this would be to use your other metrics to find an STR target market that you believe you would like to work in first.

@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

If dropping your rate $100 below others at comparable offerings in your target market kills your cashflow, you may be in too tight of a deal anyhow.

@Christian HwangFor contractors, Yelp is okay, but referrals from other flippers in your target market tend to yield the best results.

You haven't provided information about this, but understanding the long-term economic outlook of your target city is crucial.A local investment team is crucial for success.

Also do you have any info on him. i can dig up some info on him and then get an attorney to file a suit against him if oyu wanted to go that route. happy to assist in digging up info so you can give it to an attorney. note I am not an attorney but a note investor and good at finding stuff on the web