I think you have no choice but to convert to cash yourself.....no one is going to take the risk/hassle of converting afterward.

It just may be another bad choice made. 

Otherwise you’re saying you expect other people to subsidize bad choices over and over again.

Smoky Mountains seems to be a solid choice but I wonder about oversaturation and competition in that area?  

You lock in your interest rate and if rates drop you can prepay at any time and refinance at a lower rate without penalty.If the deal is commercial, whether commercial multifamily (5+ units), office, industrial, self storage, hotel, you name it...the choice becomes far more difficult. 

2) You MUST screen these people before renting to them, but you can use FurnishedFinders screening tool3) Otherwise, you can put your choice of screening link in your ad or include in a response template in FF.

@Joshua Lanzieri when renovating older properties there are almost always negative surprises.Go watch any HGTV renovation show and most of them will have this as a cliff-hanger, forcing the choice of either going over budget or cutting back elsewhere.10% overruns happen often, but 50% is NOT acceptable!

The water heater and furnaces are all in the basement so it looks like I don't have much choice.

Looking for some advise if it is right choice to additional capital to this investmentHere is how I look at a capital call.

It falls short of the 1% rule which with current rates is not sufficient in most markets to have achieved real cash flow after properly allocating for sustained expenses.