Built-as" multifamily > Conversions – Those older conversions can be a money pit.

Are they friendly people you would have a conversation with or would you avoid them entirely?

The conversion rate on direct mail is slow but when you are in a demanding market it's slower and the cash cycle could take over a year. 

Hi @Melinda Vaughn, I just now looked back at this conversation.

So, if you know or someone you know how to do it, let’s link up, have a conversation going.

Not to justify this, but it is super important for lenders to have the hard conversations up front. 

For conversation sake: It seems you are well into your career to be able to buy great properties and sell for great value/profit.

If you are self-managing, that's a different conversation. 

Here’s a step-by-step guide to help you through it:**Understand Local Regulations:**First, you need to check with your local city or county to see if the zoning laws allow for this conversion.

@Shiloh Lundahl of course we don't mind you participating into the conversation and get your insights.