It only takes 2-3 nice buildings on a block to make an impact. 

Watch out for build-up of humidity.

If anything is left, start building a fund for your next investment.Many people make the mistake of paying off credit cards, student loans, or other debts and then building new debts.

If you’re not able to find a PM or cohost you could always build the team yourself while still living in the area and set up the operations to be fairly automated.

My cost basis was originally 202K for the building plus about 30K improvements.

Work with wholesalers and realtors to build your acquisitions pipeline.

Once you know exactly WHY you want to own real estate and the STRATEGY you will master to build your portfolio, the answer will present itself.

Building Codes and Permits: Insights on navigating local building codes and securing permits for this type of conversion would be incredibly helpful.Potential Pitfalls: Are there any common issues or unforeseen challenges I should be aware of when undertaking a project like this?

Does this mean I could build a structure such as a pergola or shed closer than 20 feet?

There was some time in my childhood where we didn't have a lot of resources, I am grateful that my mom would take me out on drives just to dream build at some of our favorite areas in AZ.