The city is asking to deconvert the attic unit that has 1 bathroom and kitchenette and is about the same size and height as the unit below ( dormers were added). 

:) There're two ways to make very large money in real estate.1. by purchasing Single Family as many as possible ( rehab too) in appreciation market.

Great job on grabbing this and adding it to the herd.

I’m also going through a zero down program so adding a gift from a family member would un-qualify me from the program.

Anything else that should be added and calculated in?

While some of the condos do also see special assessments, you can also see large unexpected expenses with a single family home. 

If you can give them a nice chunk of EM say 50 to 100k and only close when you have your approvals then you start to digging within weeks of your AD loan closing this will save you a ton of money.. this is standard procedures out here on the west coast I dont know about your area..

We don't pay a large amount of money to Airdna for nothing, that's for sure!

You have to build that into your cap rate on the purchase.In general large governments tend to be inefficient with money. 30 plus trillion in debt with little of anything to show for it.

Examples includes a Newport six plex for $645k, Two small detached homes on a single lot in Lakeside for $237,500 and a north coast duplex with very large 3/1.5 units for $560k+/-.