[RLW]

Originally Posted by Just Sold

For converting to a 2 family there are options. With the whole building & real estate market in the ...... there are quite a few builders and many trades people dying for some work. My son just hired an out of work union carpenter do some work for him on a house he and his wife just bought. Cheap labor because they need the money. So converting may cost some $$ but it may be much less than you might expect. The materials is another question as I do not think that has dropped in price yet.
Of course my son also got me into the deal to do some of the tile work and experience advice on the rehab of this "Jack The Home Owner Did It" property which saved him a lot.

Make sure that the person he has hired has a license even if it isn't required. Materials have gone way down, but the jobs have also so the lumber yards are not selling and are in big pooh as they have contractors that are not paying what they owe and are about to close their doors.
Make sure all the I's are dotted and the T's crossed with all the town agencies as one may say it is OK and another can say well you need this and this and oh ya you need this. The biggest thing is, if you are on a septic system that can be the killer as those cost haven't dropped and you will need it as you're going to a single family to a 2 family which will increase the septic leach field and the size of tanks.
Good luck with your endeavors.