Hey BP Community, I'm wondering if there are advantages/disadvantages from getting a HELOC from a local bank or a mortgage company. 

I do know a local investor who has mostly taken non residential structure and used ADU laws to add units.  

My company works with Insurance Adjusters, as a third party, to find short term leases for local families who have lost their homes due to damages.

Each of them sought the property for their primary purpose of worship/office/etc, and then sought out additional uses as well - nursery school, food bank, place of worship for a Jewish congregation (Saturday versus Sunday), auxiliary space for the local library that needed additional educational space, counseling, etc.There is merit to your concept, but many factors come into consideration:  zoning, parking, how easy it is to "convert" space, etc. 

But, it takes work, being well capitalized (this is NOT a 'no money down" territory) and it takes knowledge of the local market.

Best is to work with a local realtor who understands the market best 

Would it be helpful to connect with a local realtor that specializes in selling duplexes and their respective rents/ price per square foot?

I run a Real Estate call center and do this every day.

Its a case from Montgomery, MN from the late 1960’s and once you read the case, i believe, that like myself you’ll no longer wonder why its not discussed in law school, let alone your local boutique RE schools.

I received the rental license by walking down to Center City.