Do you have any guidance on modeling property values converted from AG to multi-family residential?

Is there anyone that has successfully converted a SFH to a duplex in the Birmingham, AL area that is willing to share their costs for electrical/plumbing/gas work and separately metering?

Does any one know or have an idea of where I can get a personal loan for 10-15k so I can convert my garage into a studio that I will be renting out?

I also have an engineer willing to convert the R values so that I can meet local building requirement.

Does anyone know if once he buys it can he just convert it to a non +55 park? 

Usually you you find a house that has been converted to a duplex; live with the family in the first floor and rent the apartment in the second floor.

People convert assets to cash.

One, as a contract to buy the property, which will be converted into a note and mortgage, and a second doc that would be a lease with the seller. 

When rehab is completed and the property more likely to obtain favorable bank financing, the IRA could convert some of the initial loan to equity and then the IRA and partner could seek a bank loan, but it would have to be non-recourse with respect to the IRA.Some banks will do a loan with a personal guarantee from only one of two partners, but that is not common.I suggest you and your partner engage an attorney to craft a way to work together. 

I guess i'm really trying to understand if i'm really saving on taxes converting my sole proprietorship to an S-corp?