Purchase price: $4,000 Cash invested: $15,000 Bought land with 5 mobile homes on it cleaned it up now it's my construction yard.I would like to buy the land behind me and convert it!

I want to grow my business so i can eventually buy a rental property, or convert the house i own currently. 

So its not very clear in the pubs anywhere... the exact time between making it an STR then converting to a MTR is at minimum 1 year. 

And then it appraised for $240,000.So we had nothing really invested in the deal at that point but then we operated it for a year as a LTR before converting it to a STR.

-Carrot sites are converting 33.3% higher than the industry standard for real estate.In short- if you have aspirations for generating organic leads in this space, Carrot is the way to goAlso I'd be more than happy to setup a zoom call to walk you through anything on the Carrot side and make recommendations on agencies if you were looking to outsource the paid ads.

Is it possible to convert the SRO units into Artist Dwelling apartments?

As far as saturation goes when the boom was hitting we started seeing regular homes and even mobile homes get converted to “cabin/chalet” rentals.  

I am learning more and more about section 8 and wonder if it would be a good strategy to convert the project to that as I checked the zip code and what you get for 1 and 2 bedroom apartments is much more than what we are getting at the moment. 

We then de-listed it to convert it to a 5 bedroom (still under renovation).I haven't noticed much of a difference between BR/Mineral Bluff/Morganton.

ThanksTalk to knowledgeable general contractors and get estimates for converting it into a legal unit.