@Ryan KovacsAbout twenty years ago a couple of San Francisco residential co-ops were able to successfully convert to condominium ownership.

See B5-7-01, High LTV Refinance Loan and Borrower Eligibility for additional information on these loans.The number of financed properties calculation includes:the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s), even if the monthly housing expense is excluded from the borrower’s DTI in accordance with B3-6-05, Monthly Debt Obligationsthe total number of properties financed, not to the number of mortgages on the property or the number of mortgages sold to Fannie Mae (a multiple unit property counts as one property, such as a two-unit);the borrower’s principal residence if it is financed; andthe cumulative total for all borrowers (though jointly financed properties are only counted once).

You know you'll get the flack about Cali being anti-landlord....... :-)

The Anti Icky poo was identified as a good product.

Is this process landlord friendly or a hamster-wheel?   How often is this necessary and how difficult are these to maintain?   Anecdotes and/or horror stories appreciated!

The property is classified by the county as a residential property.

Ontario is also one of the most tenant-friendly provinces from their Residential Tenancies Act - it can easily take over a year to evict tenants for whatever reason.

(Flipper, buy and hold, commercial, residential, developer, etc) Find people who are the best in that type of investing and work with them on a few deals.

I am a long time residential investor transitioning to commercial real estate.

Purchase price: $645,000 Cash invested: $1,000,000 Purchased 11k sq ft historic funeral home which had been partially converted to a strictly residential property by former owners.Reconfiguring property interior to hold 13 apartments (8x studios, 4x 1 BR, 1x 2 BR) and retail space for a restaurant, coffee shop, wine bar, etc.