For value add you need to buy deep, have reputable contractors, and understand different financing products + creative finance.  

Less oversupply with that product type and more renters that were renting the more expensive bigger cabins are choosing the lesser ones because they love the area but don't want to spend as much on rent.We've talked with several long time investors out there and there isn't a one that have held on to their cabins over time that aren't still adding more. 

You will owe monthly payments until you fix the property up, rent it out, and refinance to a more traditional 30 year fixed rate product. 

There are separate loan products for construction of an ADU (checkout Derek @ThatADUGuy on Instagram) to learn more.

There are thousands of lenders and tens of thousands of loan products.

+I've researched something called an FHA Construction loan in terms of financing this project, but it seems that most large banks don't offer that product.

What we came up with was an infill product that matches what three story walk ups are in the multifamily market.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

You could probably put in the lease that all items needing hanging must be done with the removable hook/tape type products. 3M has a bunch where you pull on the tape and it releases. 

. - the juice isn't worth the squeeze to me on that type of loan product.