It takes longer to close (45 days minimum) and has a lot of annoying red tape but it's good when you are starting out and plan to live there at least 2 years. 

They are selling all four units but they are zoned single family homes and taxed individually.

This property is R2 zoned also, so I have to decide if I want to flip / brrrr / or demo and build multifamily!

The lot is zoned commercial, but has a residential 1848 sqft duplex sitting on it. the lot size is 0.28 acresi was thinking a studio or 1 bedroom unit in the backyard can help cashflow it but thinking about what would it takeThanks

compared to others.. that's a red flag as well.

If you can negotiate seller financing for the deal and the seller is motivated enough to move the property, then you can build in loan terms to protect you and your investors from the dreaded capital calls because the property is in the red.

This drawing is produced taking into account the information from phase 2 and includes all relevant setbacks for your jurisdiction, zoning, general site dimensions, neighboring properties, street names and other required information as noted by the local jurisdiction.4.

I am seeing some hotels in the midwest that are ripe for multifamily conversions.Understanding re-zoning and land use is key and ofcourse finding financing to construct - since thats likely to be a larger number than land acquisition cost. 

Lot sizes, setbacks, electrical, gas connection, and most of all getting the zoning changed would be difficult since most counties/cities don't like MHPs. 

Hello,I have three little homes zoned as a triplex in Bremerton Washington that would be perfect starter homes as condos.