I'm guessing this would be more of an electrician job in that case.Would be great to hear from anyone that's done this type of conversion especially in PA or Northeast.

Be wary though as there is a lot or red tape when doing SFH to duplex conversion.

Even plumbing for the evening.I wouldn't necessarily check in with your tenants constantly about the renovations, just a conversation explaining that there could be loud noises, that you'll try to respect the clock, and you expect to be done by such and such date.A little communication can go a long way with tenants.

If you rent out one unit for $2,000 (the high side of Abel's range) that means you're out of pocket $3,000 every month, and on top of that you don't have any money for a surprise large capex item.

From everything I've read in books, It talks about itemizing exactly what brand/color/etc. you want of everything.

It just may not be feasible or wise to spend the time to create a database, maintain contact with owners, lenders and prospective buyers when there are few transactions).Conversely, available product is scarce in major markets, and as a result, a MHRV broker in a nearby state likely knows many eager qualified buyers.In large markets, I think posting a listing on Loopnet or other listing sites can be the kiss of death for a good quality/easily financeable property – before you know it, tenants and employees are alerted, and you have a bunch of worried employees and tenants on your hands.

With 2 additional partners, it would need to be spelled out in the beginning as to how the breakout on sale would be and who would cover what when additional items are needed.For me, I wouldn't go after it. 

Have this conversation with the lender up front and make sure you're going to be able to get enough cash for what you're planning to do.

You have a history of success so maybe a candid conversation with your lender will tell you where they might go with it.

Scott,There are several items that you need to think about; common area cleaning, common area utilities (electrical at least), laundry room upkeep, fire alarm servicing and possibly monitoring, etc.