Will,That's good to hear, will save you some money. that is also the first thing that is required, the ramp, if you do renovations ( the article mentions that) so the town is keeping it at a minimum for you. yes with no interior work you would not be required to change the bathroom, keep that in mind if you ever renovate the inside though, you will be required to bring that up to standards. good luck with the tenant, hope they work out for you.

I have done plenty of research but much of it is dated prior to 2018 so am not sure if this plan to convert and then hopefully avoid most of the taxes on the gains if we ever sell gets changes in the new tax law.I have 3 other rental properties and am thinking about selling 1-3 of these to use capital towards the new rental property.  

Roofs on all the buildings needed to be repaired, with the largest office building being the first.

They often save to invest, pay off real estate, and end up dying before ever cashing out.

@Marc Middleton Thanks, yeah... slim shady business, non-refundable deposit... would you ever do that?

My tenants feel somewhat 'bound' to me, as this is something no one has ever done for them previously.  

Very few ever go rob JP court.  

Where ever you learn from *(it doesn't have to be me).

Where ever you learn from *(it doesn't have to be me).

NEVER EVER USE THE FOLLOWING WORDS:1.