Source: Insurance - ValuePenguin, Metro Property Taxes - LendingTreeLow disaster risk -When a tornado or other natural disaster strikes a city, it doesn't just destroy individual properties.

One is a store front space that used to be a marine supply store and the other is a workshop/garage.We fully understand that it’s going to be at least a year before we can do anything with the commercial buildings but are planning on cleaning up the parking area in front to rent to a couple of food trucks daily.The property is located less than a mile from the entrance to a very popular state park and the food trucks will be able to capture that traffic during the warmer months.Ideally, one of the food truck operators will decide after a while to grow their business into an actual brick and mortar and we’ll strike up a mutually beneficial deal with them to lease the space.There’s no way to subdivide the property but I’m wondering if there’s any shot of refinancing the house once we’ve done the rehab so as to pull some of that HELOC money out.Another idea is to approach a local bank with the overall plan and see what kind of financing we could get for the entire development project.Thoughts?

It not only will be money well spent but also potentially striking up a relationship with one.  

We ended up striking a deal with owner financing and I rebuilt the place and rented it out.

Hello I am looking to finance a 24 unit complex, I am striking out, daily.

We are within striking range of originations pre-crash already.  

For example recently I had two and these are their charges:PERSON AAGG ASSAULTW/ DEADLY WEAPON WITHOUT INTENT TO KILLTOUCH OR STRIKE/BATTERY/DATING VIOLPERSON BCORRUPT BY THREAT PUBLIC SERVANT OR FAMILYDUI ALCOHOL OR DRUGS 1ST OFFENSERESIST OFFICER-OBSTRUCT WITHOUT VIOLENCEThis is before viewing the apartment, before actual application. 

,and if you strike out there, ask your accountant, and if that proves useless, try your...your,...yourself. 

All the rehabbed/staged stuff in my area is still close to $1000/sq foot and I have several friends that are pre-approved waiting for some price drops so they can strike.

Instead, what you have to do is strike a balance.