If the zoning won't allow it, then it would be a waste of money to continue with the renovation.

If they do, your best bet is a local community bank that funds these types of properties.Another option is a private lender but that money will be pretty expensive, as mentioned 10%  + 

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

Tax-Free Exchanges: While 1031 exchanges aren't available to SDIRAs, the tax deferral within the account means you can sell property and reinvest proceeds into new opportunities without immediate tax consequences.

I struggle to see how I will make as much money as I would going the business route, however, I do realize that it is a lot safer.

I am told that they did not have closets as they used to be taxed on rooms that had closets.  

I’ve been in this situation and with a growing portfolio and expenses, it’s hard to put money aside for two mortgage payments.At Sid Was Here, my management company, we’ve always offered to let guests pay into the future for longer stays.

.- The system saved us both time and money, allowing us to close more deals.Anyone else tried this?

Alternatively, I could explore hard money lenders.