Done a couple of flips, currently working on one that I’m considering to brrr it’s a single family 3bdrm 2 bath.and hoping to get a multi unit next. we are very skilled in the construction end (have a hardwood floor business) new to the nuances of rentals especially in New York State .

We manage 60+ units (Primarily STR and MTR) we had one pivot from an STR to MTR.

Even if I start with one property and work my way up from there, I’m certain I can be good at it.

If you bought with a DSCR there is likely one in there.

Go for it, or look for the next one?

. - The 3rd lender, on the right, with the best rate, requires that one borrower/sponsor be experienced in the asset class, and that they personally live local to the property. - 1 regional lender (Pima + 1 other county), 1 state-wide lender (AZ), and 1 national lender, not in that order, is represented here. 

I was also thinking of turning the two small bathrooms into one less small bathroom and then adding another bathroom in the space we create from the garage. 

Call one of your architects to do the research for you, noone in BP will have all your answers, they are too specific, your architect and the building department will know the answer to those questions. your firm should be able to get quotes from builders mentioned on your profile.

No one wants to put your money at risk.

Eventually buy another one.