If you remodeled, added a room, replaced a roof, painted, boosted the curb appeal, etc. that's a different story.

What you should do is determine what story the house is already telling with its design and add onto it from there.

Story I got was that she lives out of state, thought she had family local to help manage it but they are moving.

On paper it looks good, but the reality is a different story.

Or do you mean 4 SFRs on that lot, which would be a different story?

I love hearing stories like this about folks redeveloping depressed neighborhoods in big cities.

Mine said:Short story is:A.

Hi Walter...I have heard this story before and it sucks every time I hear investors going through these type of problems!  

I think I'm in a pretty unique situation and am trying to figure out the right hoops to jump through to move forward.Long story short, I'm trying to tap into the equity of the rental property passed down from my grandparents that is held in an S-corp which is co-owned by myself, my siblings, our cousins, and an idiot uncle.

Quote from @Bob Schulte: I’ve seen plenty of private money lending stories go south, and it’s definitely a topic worth discussing.