If anyone is curious let me know 😊) I'm happy to say we closed on our first home/investment property last summer--a legalized duplex that was converted from a single family residence.

Then, you’ll know if you’re covered on the back end when you want to convert to strictly rental.

Ask the seller to convert to equity instead.

I don't know what the fees are for their services, but I've read about people being charged thousands for converting into the right type of IRA for real estate.

Or, you could get a bunch of low end tenants that will “convert” it to residence/sleeping space too.

I'm doing some renovations in my single-family house and have the opportunity to convert to two units if I want to.

Is there somewhere you can put up a door and make sure there's a closet and convert this house into a 3-bed to improve your rent?

I only sign a lease after all move-in expenses are collected and converted to cash.

Eventually plan to completely rent out this house, and move to a smaller property (maybe even a converted van on some land?).

Repaired roof and siding, new HVAC, new drywall and insulation, new electric panel and wiring, new hot water tank, totally new bathrooms and kitchen, converted a bonus room to a master, new appliances, new fixtures, drywalled gararge in, cleaned up the yard.