The landlord (i) elects to demolish the building, convert it to a cooperative provided the landlord complies with the provisions of Minn.

So if you ARE going to STR it, make sure you can convert it to a long term later if the local rules change.

One of the biggest value adds was converted it from a 2 bedroom to a 3.

Converted it from a 4 bedroom 1 bath to a 3 bedroom 2.5 bath.What was the outcome?

Last I checked, they were giving grants of 80% of the cost to convert the cesspool.

Not by getting properties at 40% market value and converting seller into a Sec8 voucher, I mean if your going to do crime at least attempt to make it hard to get caught....

The only exception (save for emergencies or hardships) is to complete Roth conversions, where you pay the tax on the money you're converting to a Roth. 

@Kayla UtleyHi Kayla,We rent short term majority of the time but due to covid and city restrictions the last 3 months, we had to convert and rent 30 days or more.

@Brenden Mitchum is correct about the owner-occupancy requirement, but if you are planning to househack at first, a couple of points to consider:1)  A 0% down VA loan makes it difficult to cash flow, if that's what you're looking for, even with a great interest rate2)  The VA funding  fee is waived if you are a DISABLED veteran (ask your title co)3) you can put closing costs on the end of the loan in many cases4)  Using your VA entitlement for a property you intend to convert to an investment means it won't be available to use in the future if you want to use it to buy a primary residence, until you sell or refinance out of the VA loan.Welcome to BP, you'll love it!

A lot of these duplexes seems to get converted to huge single families but I'll leave it as is.