Doubtful that, unless you have existing connections or are part of the Hotel Association of New York City (or what is the funded organization in your area), you would be able to cash in on that.I don't do business in New York or CT, and am open to being corrected by someone local.  

It sounds like there was a lapse in communication and follow-up from both agents involved.It’s important to review any existing violations carefully.

You could always offer a shorter lease that ends in May/June to give yourself an opportunity to find new tenants or raise the rent to market at that time.I hope this helps and if you ever need any guidance or want to chat about the process of assuming an existing loan, I would love to connect! 

The new bathroom will be constructed within the existing structure, and while electrical wiring might be needed, plumbing installation is definite.

Your agent should be able to assist with this, but typically you need estoppel agreements to transfer the lease from the existing owner to yourself. 

Is your existing property that good, that you can sale within the timeframe near the price you want? 

-BRRRR is non-existent.  

This means the cost would generally be capitalized and depreciated over time, rather than deducted immediately as an expense.On the other hand, if you were simply repairing the existing refrigerator to maintain its normal operation, that would likely be considered an operating expense.

You owe $65k to your existing lending.If you refinance, depending on your FICO, you get up to 80% LTV of the new value, meaning a loan for $80k.

It will be difficult finding a second position lender on a primary purchase (IF THEY EXIST AT ALL).