Tips on rezoning duplex to triplex in Minneapolis
Looking to buy a duplex that is currently only cash flowing about $300/month. The basement is very finishable, and I think we could get an additional $750-800 for the basement unit, increasing our cash flow significantly. I've heard from friends that rezoning in Minneapolis can be a huge nightmare. Does anyone have experience rezoning a single family home to a duplex or a duplex to a triplex? What kind of costs should I expect? What additional risks should I be aware of? Thanks in advance for any advice offered. I really appreciate it.