Originally posted by @James Wise:Originally posted by @Junior Soares:Originally posted by @James Wise:Originally posted by @Junior Soares:Originally posted by @James Wise:Originally posted by @Junior Soares:@Thuy Pham-SatrappeHi Thuy, If you can stomach alot of headaches, then who are we to tell you where and where not to invest?

There are industry standards for this but that’s a post for another day. 

Thank you to everyone who responded to my last forum post, it was very informative and helpful!

I will keep posting my progress report. 

I was about to start the process to get a retroactive permit but realized the additional cost of a new exterior stairwell (metal) and architecture fees is almost 30kIm starting to weigh the options of either full tear down with a new 4 unit construction or separate building in the front of property (current is set back thus the extra costs to permit)  or adding a 2 story 2 unit addition connecting to the old propertysorry this post has become 2 ideas i need advice onif it deconvert can i use it as an inlaw suite with 2nd floor unit or a duplex up. 

Ex: You'll see 2-3 posts from travel nurses in the area looking for a room to rent. 

I am fully committed to putting in the necessary work and dedication to succeed in real estate investing.SN: Just to put it out there, I'm incredibly shy, and writing this post is definitely stepping out of my comfort zone.

Before I address those, I want to point out something that caught my eye in your post.

@Jonathan Greene I hope all is well and I realize this is an old post.

The compensation you outlined in the post sounds reasonable, but you'll need to talk with the broker since from my understanding they would have the final say.