Developers dream, 33+ acres with two homes, could be converted into community development What made you interested in investing in this type of deal?

I was wondering if anyone has ever used an FHA mortgage for a single family home, then while living in it converted it into a multi unit property to actively rent out.

Bear in mind that many Opportunity Zone areas are in low-income communities, where there is economic distress.One way to analyze investment potential in a worst-case scenario is to convert different possibilities into hard numbers.

However, since I have capital constraints like everybody else I am pursuing a strategy that creates capital on the active side that can be converted to LP investments over the next 10 years.

I'm looking to convert a garage into a living space with a loft and was just wondering if any other BP member has had this done before. 

I have a mobile home that has been converted to Real Property.

My personal opinion is that Investors can absolutely impact the short term prices but in the long term there is little impact (assuming the purpose (long term rental vs converting long term rental to short term i.e. airbnb) stays the same.  

@John Stone, inherited IRA can be converted into self-directed IRA.

So in oder to take advantage of the exclusion at all you'll need to move in for 2 years.Second, because you are converting an investment property into your primary you're also going to have to recapture all the depreciation from the time it was an investment. 

I can across a listing for a property that notes the property has been improperly converted into a triplex.