We have converted from PW to Appfolio for two of our markets, and it's not an easy task. 2.

It has to be completely rental before you do 1031z IRS looks at the house those were personal and converted to business just for 1031.

This place is a massive 4,000+ sqft bright green single story house that was converted into a tri-plex by its eccentric owner.

I’m looking at a brick and mortar firehouse that I can potentially convert into rentals if zoning allows me to do so, they are asking 400K and In my market average 2 bedroom apt.rent for 1200-1400.

Our realtor/investor friend, @John Semanchuk helped us find a SFR with a converted garage apartment on James Island.

While it wasn't our initial intention, we realized that the 2700 SF home with a two bedroom basement was too much room for us right now and we decided that we would convert the basement into a rental of some sort (Vacation, Short Term, Long Term) until we grew into the space.We are able to secure a loan for 3% down and had the seller pay the private mortgage insurance up front, so we felt like it was a big win because we kept a lot of the capital that we had saved up for a down payment in our pocket.

And yearly leases automatically convert to month-to-month at the end of the term. 

I am looking to purchase a historic house converted to a 4 unit office building right in great trendy downtown area - I would be converting it to 6 spaces and using one space for my own business.

Your choices are to either convert it back to a two prong outlet (not ideal with many electrical appliances now needing 3 prongs), wire the house correctly, or put in a GFCI at that outlet (which can get costly as well).

Three short-term rental units (after converting the main house): $50 x avg monthly income.