The argument is for an additional $35k you would gain an additional $20k on sale.

Additionally, you need a local licensed structural/civil engineer for the structural scoops.

Taking courses and seeking additional knowledge are excellent steps as you gear up for your first real estate investment.

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

Additionally, I don't know what the demand looks like for a garage in my area. 

Any additional info about your experience with a recent conversion, unexpected cost, and potential timelines you would like to share would also be greatly welcomed!

Renovated each unit as they opened up which created additional value through increased rents.

My post isn't meant to argue your idea, but more to contribute additional thoughts to the discussion.Thanks for the response and the discussion.

Hey @Mario J PerezAdvantages - Processing time, underwriting conditions, paperwork requirements, not impacting debt-to-income and/or personal credit, can own many and close in entities reducing personal liability (to name a few).Disadvantages - Rates tend to be a tick higher (less and less these days) and fees will be a few thousand more per deal, can be very regional, higher appraisal costs usually (based on the need for a 1007 rent market analysis on every one), can have weird underwriting conditions (lender specific)30,000 foot view at it, but the entity/personal credit side of things make DSCR loans really helpful as you start to scale, and especially if you are doing any personal borrowing for personal homes, cars, etc.Hope that helps!

I have his F1 visa, work information and employer contact.And an additional bonus question: I don't think I handled the situation with the Facebook post well by not bringing it up, what would you do in this situation?