I am looking to expand my portfolio to include MF units, not necessarily convert a condo to a MF. 

The property would need to be formally appraised and that value would be the taxable amount of the distribution (non-taxable in a Roth IRA).Generally, you are better off continuing to hold the property in the IRA and let it produce income that you can distribute, or sell the property and convert the IRA holdings to cash - which you can then distribute and/or reinvest as appropriate.If you had a stock portfolio, you would not sell the entire portfolio and take the cash out of the IRA the day you turn 59 1/2.  

I'm thinking that my best ROI with this property would be converting the basement into a legal separate apartment and renting it out as well.My question is, has anyone had any experience in doing this?

You should talk to a lawyer, but I will share my thoughts on the subject.It seems you need to establish if the use is exclusive and if converting it would release you of the easement.

Live in one unit, convert another to a vacation rental, after two years your obligation to the contract will be fulfilled. 

I started off with excel, had 1.5 years worth of stuff and paid for a plugin to convert from excel to QBO, worked like a charm and i'm rolling ahead. 

Which forms are best for converting a page visit to a lead?  

Right but when you convert a personal residence to a rental property I believe you do so at the lower of cost or market value.

I would like to convert the commercial space into a third apartment.

I'm a real estate broker in Northern Colorado and have been focusing on working with clients that owner occupy first then convert properties to rentals (we've been calling them Nomads).Any other agents out there been working with clients like that and might be interested in sharing strategies, tools and resources?