Luckily, if what this thread says is true, I haven't done anything illegal yet. 

Purchase price: $180,000 In the process of purchasing a beautiful town home in Cedar City. 3 bed 2.5 baths along with a two car garage.

It’s true that multi family is not as abundant in Omaha as single family.  

Any of them can point out an issue, the good ones can explain to you why it’s an issue, what it might cost to fix, and whether or not it’s a true issue that you should be concerned with.

If it's from a tax assessment, those are far below true market value - at least around here. 

That might sound harsh, but it is true. 

Books are great but the true experience that will help  you is actually doing it or shadowing someone who does it.

In reality my mind is sayingRUN, RUN RUN.........Its true that you can get the same quality job from a low bidder that has less overhead.

The strategy would work  better if it were your primary residence, but it becomes more difficult if you're trying to convert a SFH to a true two-tenant duplex.1) You'd must likely be violating zoning (Unless area was zoned MF), so you'd have to hope the conversion flies under the radar.2) Utilities is the biggest hurdle, as a SFH only has one water, electric, and gas meter.

People are saying “they keep the best ones, and sell the dogs”, which is not true for the most part.