He paid us off after 12 years & restored it to its former glory.

I've seen a number of buildings that have 20-40 small spaces for rent to cosmetic type business - hair, nails, massage, etc. 

It seems that you are making a big investment and obviously a big business there. with a little money you restore the interiors and you will have people who pay what is worth.

Ladies and Gents,I’m new to BP forums, long time podcast listener - military vet who started a restoration/rebuild company in NC 2 years ago.

The building has the potential for 4-5 tenants- hair stylists, massage therapists, artists or office space.  

Another option (if you are willing to put in sweat equity) is the cabinet restore by Rustolium.

Instead ask friends, family, & local investors for any restoration contractors they would recommend in the area. 

Your broker will know more about where the market's at and will be able to massage a pro forma to suit market expectations.

However, the property had to have a major rehab, $24000 to restore interior damage.

I need help figuring out:- Total cost of rehab/repairs (plus any recommendations for junk/hauling services)- Help estimating current Fair Market Value of the home, before/after repairsI can probably figure out FMV after repairs but basically I'd like to understand what needs to be done to restore the house to good working order and lay out a plan to do so.