Someone could technically live in it, however it is not visually appealing.

I added the picture because its easier to visualize the area when looking at a map.

I'll speak to some mortgage lenders that do both HELOC and Cash out REFI to see if they can give me a better visual on this, the actual numbers.  

If you live in a home or condo why is it that you can pay the mortgage there, but you can not visualize someone paying you a mortgage payment or a payment in general.Nike has a SLOGAN that says DO ITI agree with them until you do it you will not know whether or not real estate investing is for you.

Hi Kiki,I'm an appraiser in NC and typically only a visual inspection is done during the time an appraiser is at the house.

So being able to talk through your successes with the paper trail to demonstrate them can go a long way (include a few graphs or pie charts... a lot of bankers like visuals).

Sometimes you will get lucky and only inspect the plumbing or electrical but depending on their mood they start looking over other things and if they are visually apparent and obvious that it requires being up to code they will make you do the needful.

@Galen Dawes, thanks so much for the info, I am a visual person so I'd love to check out those web sights!

Below is their disclaimer, again I don't think I'd buy a property based solely on that.http://www.permitla.org/parcel/The purpose of this application is to allow easy access and visual display of city parcel legal and zoning information as a convenience to our customers.

I'm not visualizing it off the top of my head.