The two properties will be separate, but they can also be rented out together by larger groups.

My wife is also part ofa LP/GP (where she is the asset manager) that acquired a value-addapartment complex in Houston, where the renovations are now complete, and theGP is in preparations for the refinance.We are currently working on further expanding ourlocal portfolio and are planning out our next larger acquisitions.

I have called a couple of local banks, including the one that my mortgage is through, as well as larger banks like Bank of America and Rocket Mortgage. 

Can you elaborate on the "put you in a strong position to utilize free and clear properties for great funding options down the road on larger properties".

We hit the sweet spot by spreading our costs over a larger floorplan and providing something that the market demands.

@Galvin Mendoza we manage a lot of larger buildings now that have a mixture of galvanized and copper pipes.

Depending on how long it will take to complete the remaining work and get the property sold, you could also try to find a larger general contractor; one that could self fund the work in return for a higher payday at closing.  

If you're in a larger market, there's sure to be other MTR operators you can talk to for market-specific advice.

I think the gross % heuristic is cyclical and areas like Harrisburg have larger swings

A public insurance adjuster works on your behalf to dig into these details and get you a larger payout.