The process starts when a buyer asks that first question and ends when a commitment is made to purchase, close of escrow or cancellation of the purchase agreement.The process is something like a solving a puzzle with the goal of building a complete and accurate profile of the property.

@Douglas Rath since you already have a valuable piece of the puzzle achieved, understanding remodels, costs/work required, etc, your next step is to find an investor and get at least warm interest. 

Once you understand the restrictions then it becomes a puzzle until you find the right design to maximize the square footage of the building.

Work on a family puzzle.

I'm sure you will get people on both sides.I agree with @Rickey Miller Jr both because of the Covid situation, but also because it puts a piece of the puzzle in place for you so you can be confident that you'll find a buyer when the time comes that you need one.As I've been ramping up, I keep making sure that there are no pieces of the puzzle missing. 

I have considered an SBA business loan, but I'm not sure what it would qualify for.The last piece of the puzzle, there are no comparable properties. 

I own a split duplex in Nashville TN that has two gas water heaters in the attic above each apartment bathroom. It was fine for 7 years, but one day the temperature dipped down so low, a burst pipe destroyed the unit....

While the market is very hot in our area and houses are moving quickly, I am puzzled why comparable houses (number of bedrooms, bathrooms,  total sq. ft) that sold within the last 2-3 weeks were not included in the report, while those that sold almost a year ago are included. 

So yes I will probably use a general contractor.However, your question does let me know that I have one more piece to that puzzle I have to plan for, so thank you very much!

Most of them also got puzzled when I mention WY Holding LLC that will owned local LLC in MA.