Each has different tax implications and lender may or may not allow.The two of you should have a conversation with a knowledgeable real estate attorney, just be careful they don't gouge you.Let us know how else we can help:)

I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. 

Next, it serves as a marketing piece to talk with and have a non pushy conversation with investors.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Walla Walla.

Purchase price: $115,000

Contributors:
Sean Wilkinson

I found this duplex in late 2019 but discar...

Secondly, I'm not handy at all so I'd prefer to start small on the rehab side, the original question of a SFH conversion was me just wondering what the possibilities were long term. 

From my experience, if you approach the conversation in an empathetic, considerate way, tenants generally respond positively.

That will give you the absolute best chance to conversions!

Want to know how a DMM conversation goes? 

Some of the potential pitfalls have been elaborated above, but here is a direct link to the IRS rules explaining the details:https://www.irs.gov/retirement...I understand your disappointment after your conversation with the custodian and broken expectations.

Garage conversions, depending on the setup, can be surprisingly expensive.