Otherwise, rent-by-room is probably your best bet.

Your best bet is to get an estoppel that verifies their lease dates, rent being paid, security deposit, and advanced rent.

Essentially, I am betting that rates won't go low enough where it makes sense to refinance.

ThanksI bet that's a good short term rental market!

Your best bet for that size will be local banks and credit unions, good luck.

Kitchens and bathrooms are always a good bet, but think beyond the basics.

I bet they were valid.

In fact, I would bet that the only stockholders that would have enough clout to move prices, such as pension funds and the like, would probably appreciate a bank that maintains clear line-of-sight between the note holder and mortgagee. 

That alone could ruin the outlook for you, so just make real sure of the physical condition of the property.

The fact its in a landbank tells me that it was taken back for some reason, which tells me its likely not a high commercial demand for development, but I could be wrong.If it is "on the main drag" in this town then I'd think doing a new build home to do a targeted and intentional air bnb would be the best bet.