he has also asked for each electrical panel to be labeled and also gas meters to be labeled.

We are growing our company, and would be interested in financing, but your website says you do not do business in Missouri.

As a forwarning... be patient with the USPS.

Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

My guess would be if you see a 4-plex with an 8 CAP listed here in Chandler its going to be in the older part of town where ranch hands would live when this was largely a farming community. 

If you bought in 2022, it doesn't look like they could be underperforming, it looks like you 1031'd into a soft asset that wasn't going to cashflow and now you would like it to cashflow.

James,I hope you’re doing well.

Always get permits for conversions and be cognizant of the experience renters will have in your home.

It's not that it would be considered passive, it would be considered investment money.  

Even with a significant 50%-60% down payment seems like the purchase price would have to be in the 170-180K range, which is a tall ask for those areas in 2024.