Converting a 4 plex to condos

[Bruce D. Bolton]

Anyone have any insights on doing this?

Already separate meters.

Dated units, run down common areas.

[Chad Swartz]

Good question, Bruce

I have the same question so thank you for posting. As for the Indianapolis market goes, I imagine a RE attorney or Title company will be a great starting point for me. I would make sure a bundle of rights for ownership are available individually, per unit of course, then worry about warranty and purchase options. I would be happy to take 20 percent down, and owner finance each unit, if banks are that picky. 

Good luck to you, I will watch the thread for other posts with personal experiences.

Chad