Someone gets injured in the basement your home owners insurance probably will not cover it and the liability would be pushed back on you.Would suggest discuss the finish with a Licensed Contractor, Licensed Expeditor and maybe a zoning attorney in regards to adding a unit to current zoned two unit converting to a 3 unit.Also, when buying a two unit and converting it to a 3 Unit, read your documents with out knowledge of the conversion the bank holding your mortgage could call your mortgage.Let me know if you have any questions.RegardsJoe Scorese

If it's owner occupied, you could buy at as low as 3.5-5% down, which would qualify you for a higher value home.

I tried to owner finance it, but I didn’t have any takers. 

So, these restaurant owners are actually trying to SOLVE that problem for their business.Given it's you're only current applicant, there's some other options:1) What has their current landlord stated about them?

Is the new owner required to comply to these rules if a property comes with tenants?

My wife does not work with investors only home owners. 

The owner is an old family friend and he wanted me to take over the property.

Hi all,I found a house that has been abandoned for 5 years (no taxes paid) I'm assuming the owner is deceased.

Another idea is on social media, follow a bunch off STR operators and company owners that offer valuable content.

Purchased my first investment last year in October using creative fianance (owner finance).