You received some feedback from @Mija Aguilera who has local expertise and knowledge of the area and I am interpreting his comments as the location is viable for commercial use.

Anything helps, as I would like to expand my knowledge on Real Estate all together.

However, I am curious to know your reasoning behind considering bidding on a property that requires extensive rehabilitation, including demolition.

@Kenroy BernardTo acquire a multifamily property in Long Island, develop a VA Loan Strategy, obtain pre-qualification from a lender, factor in renovation costs, conduct market research, build a team with experienced agents, network with investors, strengthen your business plan, expand knowledge through tools, and take action by searching for properties, attending open houses, and setting a closing timeframe.

Hello everyone,I have been given 15 day extension to show an effort to do repairs on a large SFH that now has a unlawful detainer/former tenant who has been found subleasing, damaging the property and preventing contractors from entering.

I look forward to connecting with everyone to grow my knowledge of the industry and help others with questions should they fall in my area of expertise.

Real estate is about knowledge and negotiation.

This process is extensive, requiring community engagement and approval from the City Planning Commission and City Council.Given the predominance of multifamily residential properties in your area, there may be a precedent for such developments.

It is super important that you are very knowledgeable about your state landlord and tenant laws, to best prepare yourself for how to conduct your communications, and the essential do's and dont's that will save you in legal fee's if there is a simple mistake made. 

I’ve been educating myself and would like more knowledge and a deeper understanding of the real estate world.