None of the mechanicals are being touched at this moment, but with plans to add central A/C in the future.

The early 2000's were even crazier than now and I did not want to touch anything, as I wanted to have both cash flow and opportunity for appreciation in anything I bought.

Others don't want to touch it because it's completely foreign to them.

I still wouldn't' touch a conversion. new construction is always easier and lower risk.

43608 is rough and out of hundreds of deals we have done over the last 10 years, never touched 43608.Only a few streets are decent but even then, I wouldn't buy in the area.It's the "bang on doors with a shot gun and bullet proof vest" type property management style heheEach to their own tho.43609 is decent but can also be a hit and a miss so will depend on the exact pocket.Wishing you much successThanks for the update on the area.

Being able to see it, feel it, touch it, and drive to it in a dire situation can be very beneficial. 

You can remotely monitor the property and address any potential issues quickly.Automated tasks: Smart lights can be programmed to turn on/off automatically, saving energy and adding a touch of security by creating the illusion of occupancy when the property is vacant.Consider using a smart home hub like Google Home or Amazon Echo.

If they won't touch it for whatever reason you go DSCR.

I would keep tabs on the local council meetings and proposals and get in touch with the city leaders expressing your concerns.

You cannot do a bridge loan on the actual property you want to buy because that would be a refinance.On a renovation loan you still need to have a down payment to cover the LTV/LTC gap since most banks only allow a 80% LTC on a investment SFR.What you can do is take out a HELOC on your investment rental so that you do not touch the 2.875%.