I second what Jonathan Greene is saying here—turnkey is probably best bet given your constraints.

thanks Your best bet is to partner with a GC or find a GC that a friend of yours trusts.

Hey @Jon Pflueger - your best bet will be to retain an architect, they typically have a good understanding of what's feasible and not in a specific zoning/area + will know how to handle variance permissions and etc. 

Hi Luca,a rate/term bridge with rehab budget would be your best bet. there would be no PPP's since it's a bridge, you'd be able to pay off the existing lien, and you'd get your funds to do some renovations to the property.I should be able to help with this, but I'd need more information on the property and how much in rehab you are looking to do.

It's hard to say for sure without knowing your market numbers, but I would bet you if you looked at a 10 year projection, you will probably have a better ROI with the equity in 2 houses as opposed to the equity and cash flow with one. 

i think your best bet is to try to build a network within the investing world so you're positioned as a hub, someone who knows a lot of people, and see a lot of transactions.  

15 acres for a lot sounds huge to me and I'll bet you could be missing out on some extra $ by not getting more lots.

I’m also not a fan of buying a property that loses money every month, while hoping for appreciation and betting that interest rates will fall.

It has been mentioned above but your best bet is to separate the SFR and the 8 unit into two separate transactions.

If you can hang on into next spring/summer I bet you'll get better rents or be able to sell.How about asking your lender to push a monthly payment to the end of your term for the purpose of fixing the asset?