The improvements needed to be completed within the 180 day timeline, so I did a pre-fab ADU.

Once you have property it makes it so much easier to bring in investors and partners.

@Huong LuuIn my opinion, presuming you need the money - it is better to cash-out refi the property.  

Just need someone to come show properties to tenants looking to tour.

Quote from @Brandi Jefferson: Hi Jaycee,Tampa doesn't have much inventory on MF, so I'm starting my research outside my market, and learning what I would need to make that happen, since house hacking is likely not an option.

They will tell you exactly what is needed, so there's no confusion.

It was a big project in terms of the amount of work it needed, I just ran out of time with my lender going through the garbage with the contractor, finding a new one, and finishing taking the longest. other than that I would've let it sit on the market to get closer to what I actually wanted for the property.

I would get a bridge loan to acquire the property if it needs to be rehabbed and/or closed quickly.

You'll definitely need more time to get things processed.

Consider temporary work if needed and be proactive in finding new leads.2.