Still a lot of interest, but at least some of those convert to showings and rentals.

So in total we are adding 900sq ft of living space including converted garage and the living room expansion.

But there are some options to convert duplex to triplex triplex to 4 plex etc.

Dominique, my budget reflects remodeling the one existing bathroom, and then converting the other bathroom into 2 bathrooms.

Finally, not necessarily related to inspection, I'd want to find out about what is zoning requirements in newark and can you legally convert into a 2 unit and what additional work it takes to do that.

However if you don’t convert the vehicles properly you may be liable for the value in a civil court

Does anyone know if you can convert traditional washers and dryers into card operated machines?  

If you later modify for some reason (or convert from a CFD to a Note/Mtge or Note/DT) there can also be an opportunity to pass that cost on to the buyer. 

I'm also thinking in the back of my head of the story about converts to Judaism - that three times prospective converts are tried to talk out of it before they are accepted.Why you should not start begin churning.What is churning?

Stated another way, cap rate is a rate that converts a dollar of NOI into x dollar of VALUE.