This has become a strategy in super lien states, where HOA liens are elevated to 1st position. 

Completely unrelated, but in the Pebble Beach Wikipedia link that @Bob Bowling  posted lists Pete Incaviglia as a "famous resident" of Pebble Beach.I don't know very much, but Pete Incaviglia has to be on the (low-end) periphery of "famous", no? 

My mortgage broker says d he would have no problem lending on it, especially since it shouldn't cost more than $350k total to buy and convert and a super conservative investor would buy it up at $500k without question. 

Instant equity.Cash flow + appreciation + wonderful low maintenance and super high income tenants?

The numbers around where I live may be super inflated which makes the calculator appear to make no sense...

Hey Everyone, I am super excited to have found the Bigger Pockets Forums.

Althought I am still smarting a little from watching the Colts hand it to the Bears 2 Super Bowls ago.

Do you have super goals or mediocre ones?

From FranklinYou must have decent deals right off the mls out there.Fitchburg is super cheap.look, put in offers off mls, put up major signage/advertising.

Inventory is super low in DC and hasn't seen such low inventory for a decade, demand is very high from constant influx of new employees/ families/students into DC metro.