(Also, doable)My New Jersey BPers, get in touch! 

I would also be in touch with your attorney to make sure that these assets won't be in question with divorce. 

When the appraiser came back dinging paint that needed to be touched up and glass that needed to be replaced, we spend 6 hours there and knocked everything out before the weather changed too much.

@Crystal Taitt-Phillip, I think @Mike Dorneman touched on a lot of important things.

Before you continue down the modification path much further I'd get in touch with someone who specializes in garage conversions or ADUs and get an approximate price and timeline and run the numbers again, it seems like you may be underestimating the cost, time, and difficulty of a project like this.

You have to have a lighter touch with the property management.From a legal perspective in SFRs, yes, I always give 24 hours notice before I asset my right to access the property, WITH TWO EXCEPTIONS, an emergency situation constituting a danger to my property, the tenants, or the public at large, and shoveling any public sidewalks running through the property.

@John Hovanec thanks John, ill be in touch. 

I have $30K that I can put into the deal and have another 30K in my IRA that I don't want to touch.  

In other words you have a stock portfolio that you don't want to touch so you use those stocks as collateral for a loan.

@Matthew McNeilTo add to the abundance of good information in this thread, @Brandon Turner and @David Greene touch on this topic in Episode 290 of the BP Podcast.