If you have an old building and most other buildings have already been converted then tenants likely already conditioned to pay in the area.

You are not going to get much unless you can convert it into a loan assumption and then you can make a little more.

I converted one from my family's primary residence to a rental and purchased the second to be our primary.

Personally, I think having the license makes things much easier for me as an investor and leads to more opportunities through my network and when I come across deals that just don't work as an investment I can always convert it to a listing, rather than having to refer it out.

Developers dream, 33+ acres with two homes, could be converted into community development What made you interested in investing in this type of deal?

I was wondering if anyone has ever used an FHA mortgage for a single family home, then while living in it converted it into a multi unit property to actively rent out.

Bear in mind that many Opportunity Zone areas are in low-income communities, where there is economic distress.One way to analyze investment potential in a worst-case scenario is to convert different possibilities into hard numbers.

However, since I have capital constraints like everybody else I am pursuing a strategy that creates capital on the active side that can be converted to LP investments over the next 10 years.

I'm looking to convert a garage into a living space with a loft and was just wondering if any other BP member has had this done before. 

I have a mobile home that has been converted to Real Property.