I looked at a very large old house the other day. It was like 3000+ sqft lived in by a single family. I thought “this would be big enough to house 3-4 families” … Hmmm, this got me thinking… What all would have to be done to do a conversion like this? …besides whatever remo work… Zoning? Contacting the utility co’s? What kinda legal/govermental issues would there be?
PS: you guys are great! My mind is a sponge - filler up!
well don’t breeze over the “zoning, contracting” etc…
best thing to do is join your local rei club - get some phone numbers, start getting to know who does what and how they do it. listen. think about it, you’ve got a plethura of knowledge there, seek it out and get it.
you should also call the local munipalities and start compiling information on such projects. some are VERY strict, whereas some are strict, but not over-the-top ridiculous. oh and most, are not helpful - meaning the employees, because most of them are there just to get a salary, they don’t understand rei and they think everyone who walks in the door for such information is a scam-artist.
but, with persistence and a good attitude and nice demeanor, you can get all the info you want and then some.
good luck…
Another thing I might add is that if you don’t get the info you want the first time, go back. A friend of mine wanted to get his 4plex rezoned to 5units. He kept going back, finally on try number 12 he got a nice young lady who said, well if it was ever a 5unit before we can change it right now, hold on I’ll look it up. Sure enough it had been a 5 unit before, and it was changed over that moment.
Subsequently after he added the 5th unit there was a fire in the building. He collected the insurance money, sold the building as is and walked away with over 100k in his pocket iafter owning the building just 9 months.
wow, that’s nice.
I still believe its because he did everything right. He had Good Karma. Certainly his intentions were not to have a fire. He did things to make the property nicer before it burned. Little things that werent neccessary, like building a sitting bench in the front yard. Because of the way he treated his tenants, they wanted to move to another building he owned.
so he torched it… 
lol
only kiddin 