We working on a project right now to convert a small SFR on a large R2 lot into a 2unit (2 separate houses)... and trying not to use any of our own cash.   

We have a lot of clients looking to House Hack as well and we are on the hunt for Single Family Homes with:A basementAn ADU (additional dwelling unit)A loft area1 large room that can be converted into 2Lots of open space in the backyard to where they can build an ADUIt really is up to you and your imagination on how a property can be used for your goals. 

This one is converting an old hotel into apartments in downtown.

The goal was to renovate and rent out the MH and convert the shop into a SFH and refinance it - since it was bought and renovated with cash or a HELOC from our main home.   

@Michael Evans no lender has not foreclosed the owner stated he filed chapter 13 in 2011 and was converted to chapter 7 by 2013 house has been vacant since 2011 I believe still obtaining DETAILS DETALS DETAILS

hiI'm looking for guidance to convert a duplex into 2 condo.

There's an opportunity to upgrade the building (facade, common areas, convert first floor to a three bedroom from a two bedroom), which is why I included / attached two reports.

best way to do this is go to work for a commercial developer at ground level and get paid to learn  NOT pay to learn..or get your RE license go work for a commercial brokerage and learn how to do deals in the real world not in the make believe world of those that sell how to..the presenters as stated are professional speakers , generally at the set up meetings.. they are not investors and they probably showed you a nice picture of the wife and kids and pleasing pictures of why real estate its all based in MLM very well researched on how to convert to sales.

Converted basements to a second unit, then refinanced the duplexes with a conventional lender after renters were in place. 

I have two options convert into a SFH or repair as is .