Typically you would use bridge debt on an non-stabilized property and then convert to permanent financing once stable.

Furthermore, I'm considering converting the garage into an additional ADU, effectively "triplexing" my home.

I am sure this changes the cash flow for a lot of investors.If anyone is looking to sell or convert their STR rental into a long term rental feel free to reach out to me.

A question I have is if it's worth finding a 1-4 unit to house hack here or is it more feasible to find a single family to moderately rehab and convert to a rental? 

The window also looks like it was converted from a doorway to a window so turning that back should be simple.

This was an SFR that the owner converted into a triplex working alongside his contactors.

During economic downturns, it's been pretty common in the last few decades for investors to buy up old high-quality brick homes in areas near the urban core and convert them to duplexes or rooming houses, and then Section 8 them out.

The exit strategies…this is where I think the live-in flip really shines.Traditional flippers are usually taxed on the income from a flip at their current tax bracket….If you have lived in the home for 2 of the last 5 years however, and you sell, you pay no taxes on the gains (with some limitations).You can convert the home to a rental.

Instead of rolling it over to my new employer, I was hoping to convert it to a solo 401k and purchase notes- My new RE weapon of choice.Here's the Q's- 1.

A parlor was converted to a bedroom by making the entrance smaller and adding a door so I'm not sure what I will find behind that paneling, its probably not plaster and lath so I'll need to make the drywall portion blend seamlessly with the rest of the plaster wall.