I am certain that there shouldn't be any zoning restrictions as the street only has MF building (10, 4-plexes, including us) and they are all listed as MF Residences with a single account per building.Our reasons for wanting to reverse the conversion is,1 - Tax value, as condos we'd be paying a premium2 - Insurance3 - Mortgage (Cash purchase but we will want to cash-out refi) and as condos we would need 4 loans...

Pay attention to flood zone maps from FEMA and the need for flood insurance.

This is a study I did for one of our properties. the red dots are wells the yellow border encloses out land. the only place we could have put a septic/sandmound would have been under the existing garage. 

I decided that the only way to change my situation was to go outside of my comfort zone and be scared.

I decided that the only way to change my situation was to go outside of my comfort zone and be scared.

But has to be in descent area not war zone.

Would zoning be an issue?

Talking to the village has been our best source of that type of information and just being upfront with the zoning and permits division.

Keep up the saving and don't be afraid to step out of your comfort zone to earn some extra income.

The red flags or things that don't make sense in the overall "tenant story" should be followed up on.