Bought next single family home in Tennessee 4 years later.

You asked for what to look for to convert a single family home, but that might not be your only option. 

Investment Info:Single-family residence wholesale investment.

Investment Info:Single-family residence buy & hold investment.

@Ellie Narie oh, to get financing on an existing, primary, 2-4 family home, you only need 5% down with Fannie/Freddie now.  

I beleive there's plenty of opportunties on the MLS, but they are usually categorized incorrectly i.e. a property possessing favorable zoning listed under the single family category, public records incorrectly listed the square footage, or instances where  BRIGHT MLS doesn't track zoning changes real time with recently introduced zoning bills.

Investment Info:Single-family residence fix & flip investment.

This option is perfect for those who thrive on real-time conversation and want that white glove approach.Our Interactive Bootcamp will feature the following courses:Investing in Multi-Family PropertiesBeing a Real Estate RookieBRRRR (Buy, Rehab, Rent, Refinance, Repeat)STR or Short-Term RentalNEW: Self-Guided Bootcamps -Created for the go-getters who prefer learning at their own pace.

I had one 3-family property worth about $275k, and the premium dropped several hundreds of dollars a year when I got the deductible to $2,500.

Single family you have fewer rules and more control and all the responsibility.