I can understand why it wouldn't be listed as such in this case...House 2 : listed as 2/1, text of the listing talking about 3/1... the 2 bedrooms in the house are not closed (you have to go through one to get to the other) and 3rd one is the former garage, illegally transformed into a bedroom (a dark one as the garage door is still there to keep it confidential)...

There is a piece of property that is for sale that is an empty warehouse building that is zoned for commercial and residential use.The property is located in the Central Virginia area that is surrounded by old warehouses that have been transformed into either all apartments or apartments and merchant store fronts.I am trying to figure out how to evaluate the property.

Down town is transforming.

My goal going into these rehabs is to take these houses and transform them into beautiful homes for families to live in.

Hi Azeez,It is difficult to say whether any experienced investor would do this deal without looking at this property.Some of the things to consider and wonder are:- It is a good idea to have 2 br units in any deal which gives an opportunity for a family to move in- Vacancy of 20 % seems fairly high unless the building/area is going through transformation.  

I'm hoping that there will come a time when that area is transformed into her former glory as there are many past time gorgeous old homes there, but the time is not yet. 

It can be somewhat fascinating to me to witness these large-scale projects where a given land-space is transformed to one giving rise to an impressive structure.

To me it almost looks like you want to transform it into something you would want to live in and value more.   

Hi Jason,Like the others, I would paint the trim white but on the cabinets, I would use a product called Rustoleum Cabinet Transformations.

@Michael ElefanteBeautiful transformation and congrats on your booking success.