I have had a lot of people tell me to stay away from conversions as they have bad vacancy rates, do not rent as well as traditional duplexes and are a lot more work than traditional duplexes/triplexes ect.... 

Under the table can get bad. 

Every landlord should make it a policy to not only evict bad tenants but also follow through with small claims. 

The good:  new electrical panel, new roof, new windows.The bad: everything else. 

We started looking this year outside of the Raleigh area as the price to rent ratios were so bad.

I'm sure you've got a lot on your mind, but if you'd like to connect with a few event planners to talk about what they're looking for (should impact/influence your build-out) let me know and I'll send you a couple names. 

Mind sharing good and/or bad experiences (or lessons)

If your ratio is bad, you will not easily get a loan if and when a good buying opportunity comes along. 

Mike MI tend to lose people when I type, so I might not have made it clear, that is my bad. 

We have a 4-plex in commerce city, colorado (80022) that we purchased in 2015. I tried to cash out refi this year but the appraisal didn't work out. I'm hoping that someone could point me to a lender that will use a g...