Yes you can make a contribution to a traditional Ira and then convert it to a Roth.

@Bryan MitchellMy IRAs have bought real estate and used non recourse loans, bought 1st and 2nd lien position notes, bought options on real estate, generated notes and mortgages, sold real estate and taken back a mortgage, converted real estate in a traditional account to a Roth -just to name a few things.

, because it's an historic district and a very walkable/bike-able area, even to the beach and my ultimate goal is to convert to short term rental with it.

For example, our goal after BRRRR-ing our first rental property is to rehab our primary residence and convert it into a rental, subsequently buy a duplex where we live in one side and rent out the other while also setting up the next BRRRR deal.

What do I need to do to convert space to residential rental?

Hello,   As i convert my SF into owner finance notes I am sometimes obligated due to market conditions to accept lower interest rates 7-8%.

Standard Fannie Mae guidelines would allow you to do a cash back refinance at 75% of the value of each property after the plat is recorded legally converting the building into two units.

Something else that might be a factor is that in Vegas, most of the cheaper condos (if not ALL of them) used to be apartments and were "converted" by selling off all the units to individual owners.

Do I need to obtain a permit to consider a Den as a Bedroom? 
Thank you, 

Purchase price: $350,000 Cash invested: $35,000 This building was originally a schoolhouse, then converted into a nursing home, and finally into an apartment.