Additionally, in the R-7 and R-8 Zoning Districts, you need a Conditional Use Ordinance from the City Council to authorize the conversion.

Hi Shane,Congrats on the new addition to your family!

We plan to keep this property long-term as part of our portfolio and look for additional investing opportunities in the future.

The property alone is worth a million but is generating an estimated $250k/ yr with the ability to add 3 units on site and acquire an additional 13 acres.

Basically this complex is six unit three-story and all one bedroom with 700 sq. ft. each. and street parking (no parking garage) Please let me know what additional info I need to provide to better helm me on this project.thank you 

You are correct, however I was clarifying if the ask involved trying to figure out a persons’ citizenship like asking for a the person’s green card in addition to or in place of. 

Verify if there are additional adults or other violations.

A non profit school program acquired the assemblage 30 years ago and built an infill structure and an addition in the rear.

Pm paid for it because they would incur additional cost disputing it and may never collect from the OTA.  

My advice would be to partner with someone who has additional funds so you can buy something that is of quality. $8k won't get you anything in a class B or A market with 20% down or even 10% down. keep going though!