So needless to say, both (unit 1: 4 beds 1 bath 2000 sqft, unit 2: 2 beds 1 bath 1000 sqft) need to be gutted for a price much higher than I have the capital to fund.

I have a property that is rented out for $3,300/month and for sale at 475K. 2006 build on 2 acres3,470 sq. ft. 4 bed 3 bath Let me know if you have any questions or want to check it out. 

It is a 3 bed, 1.5 bath that needs a complete rehab.

Background on myself I am 25, recently married to my wife (who isn't quite as enthusiastic about real estate for me so house hacking is out the window) and own a 4 bed 2.5 bath in Bothell, WA.

Background on myself I am 25, recently married to my wife (who isn't quite as enthusiastic about real estate for me so house hacking is out the window) and own a 4 bed 2.5 bath in Bothell, WA.

I have some buyers actually looking to buy something on some land and build a couple small units and turn into a bed and breakfast.

I do have extra sheets, but she always just does all the laundry and remakes the beds while she cleans the house.

We have 2 beds in one bedroom, one bed in the other bedroom and 2 sofas in the living room.

@Sasan Nemabakhsh I can lend directly on the construction of Assisted Living Facilities through our HUD 232 program: 40 year fully amortizing plus construction periodMax LTV:90% of HUD Replacement CostSNF/ILU: 80% (For Profit, 85% (Non-Profit)ALF: 75% (For Profit), 80% (Non-Profit)DSCR: 1.45xRate: 4%-5%Non recourseAssumable We recently closed a 176-bed SNF in Detroit.

Take a property like that, on the MLS, pay market value even for its current state, and unlock the hidden value by adding beds and baths in a cost effective manner (converting attics and/or basements, converting the garage and then adding a detached garage structure, etc).