But turning a former restaurant space into a new restaurant space may cost nothing, or could need a full rework.  

In my opinion this is making it a great time to be a buyer which is why I bought a new house this year and am trying to buy another mobile home park.

I truly enjoy inspecting and seeing new designs first hand.

One last point, keep in mind the money you spend if you stay, or lose if you bail, is well spent on new investors.  

I recently started working with a new broker, and come to find out he has closed over 150 Sub2's for himself to keep in the last few years.

He knows real estate investing and knows Chicago...the 3 day is a great place to meet new people and see if you need the level of coaching his program provides.If it's what people need to get in the game....do whatever it takes!

Hi BP CommunityI am moving and would like to keep my current house and convert it to a rental; however, I need to pull some equity out of the house for the down payment on my new house.

The upside of that is when they move out (because you won't be renewing their lease), if there are ANY stains; you can bill them 100% of the cost for that carpet because it was brand new when they lived there (okay maybe not 100% as it will be a few months old when they move out, but 95%). 

Quote from @Jessica DiPonziano: Hey there,im new to the space but recently converted a unit to a fully furnished MTR and was able yo get it tented out fairly quickly for 3 months.

The new loan would be 30 years at around 8.15% interest but of course not have PMI (also no fees, points, etc since they are incentivizing me to refi with them as my current servicer).