I am not saying mine is anything magical and i am sure it can be improved upon.Hall BathRemove existing flooring and replace with tile & grout to be chosen by companyRemoved existing wall tiles around tub, repair/replace any moisture resistant wall board, retile walls with design and tile chosen by company.

The only way to avoid this is to put it in a S-Corp or a C-Corp, which I have chosen not to because of the tax implications upon selling You can try Pen-Fed credit Union who will do HELOC on investment properties.  

That is the metric I have chosen to focus in on and make decisions around.

I have reached out to my lawyer to look into it as well.I would think a third party appraisal chosen by the nursing home would clear up the price issue, but according to the listing agent it seems they have no desire or care to entertain anything. 

As @Lee Ripma mentioned, there's a few otheroptions out there:buying long distance out of statemoving to a new marketInvesting long distance is the path I've chosen because both my wife's and my family live in Southern CA and we just view the cost of purchasing our primary home as the "tax" we have to pay to live in Socal.

My spouse returned to her govt. 9-5 and the path I’ve chosen is Real Estate Investing.

Even if you had chosen to manage that property yourself, you would still be ill-advised to repair that faucet yourself.

IMO you have chosen some great MODS.

Although I have the potential to make a significant salary with my chosen career I am beginning to get burned out and would like to transition to RE so as to be able to spend more time with my family whom I'm away from for a week at a time.

By the way guys feel free to call me on my phone number or Skype if you want to shoot the breeze about this wonderful topic. So in the past day or so I've started defining what lists I want to keep track of in my data...