Some states require 2-3 years’ experience as a loan officer first along with you need to open or rent an office space (brick and mortar).

You could either de-convert the basement before purchase, buy with plans for de-conversion, or leave it as non-living space.

Lot's of exciting traction in the MTR space.

We converted the attic to a coworking space with a community kitchen, front and back outdoor patio and gathering spaces.This is where you can...

In many places if you are not opening up walls in that space you don't have to bring that up to modern codes.

But, if any of the units are used as commercial space, you may need to structure the loan on a Mixed-Use DSCR loan which could affect pricing. 

Your mind is in the right value add space but this isnt a deal. 

Hopefully all of your residents are feeling merry.While Santa does need to give 24 hours notice before going down a chimney into a resident's space, does he have any plans to leave a present at your properties?

I was at a live tax deed auction once and the last property up for bid was a dilapidated 70s era mobile home on a leased space in MH park. 

Unless you have experience in the MTR space, or want to invest your time into learning, you are better off renting to a long term tenants.