We can do anything as long as the price is right. The problem comes in with the property manager needing to make a profit, so sometimes it's not feasible for them to do so.
Demand and affordability are only a couple of factors that could break them. Just because they can convert a building doesn't necessarily mean that people will flock to move in. It could wind up being just as vacant as it was when it started.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.