We renovated duplexes and converted. if the price of a condo is similar to a single family home I would pass on it.

Looking for contractor recommendations in Indiana for someone to convert a 2-car detached garage into a rentable ADU

I'm looking at purchasing a motel that was converted to 10 long term rentals.

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process? 

Purchase price: $237,000 Cash invested: $11,850 Converted my primary residence to a Cash-Flowing Rental Property to a Section 8 Long-Term Tenant in a Class B neighborhood.Purchase in Sept 2019 Purchase price: $237,000Cash invested: $8,900Converted the Game room and Office room to a standard bedroom to make it a 6-bedroom 3.5 bath which increased the monthly rent from $2,400 to $3,215.

My wife and I just closed on a duplex in Oakland, but the basement/garage was already converted into a separate living space with a bedroom and bathroom.

The Value add of 2 bed with a den being able to be converted into a 3 bedroom.

If it doesn't happen often you could roll the dice and always convert back to a LTR if you had to.

Wondering if someone can point me to a reliable resource because the hours of research i've done online did not give me any clear, obvious examples of how to do this correctly.I owned my first primary residence for so...

You are aware that PadSplit requires you to convert your living and dining rooms into additional bedrooms, right?