Wanted to temperature check with the community first, though, in case I'm missing something.Bit more background:I'm out of state, but had an investing partner (he didn't have equity in this property) who was acting a project manager for me who confirmed my estimate of $35-40k reno in under three months.

I have a warehouse in downtown San Antonio I converted to office/retail suites about five years back.

Specific types of REI- Trailer parks, Multi Family, Warehouses, etc.D. 

In Northern climes, heat pumps are less effective, but at your latitude(I'm assuming the building is in Texas,) heat pumps are quite effective, and they can have an electrical resistance heating element added in case the temperatures drop below the point at which heat pumps cease to be efficient.One large benefit is that if the tenants pay their own electric, using heat pumps will put the cost of heating and cooling on the tenant- no need to initiate a RUBS system or utility surcharges.

@Fred Heller Yes sir Houston just keeps growing out, and the Grand Parkway is becoming a warehouse and business park magnet.

Birmingham, Alabama has a warm humid temperate climate with hot summers and no dry season.Over the course of a year, the temperature typically varies from 33°F to 90°F and is rarely below 20°For above 96°F. 

It lets each individual maintain there own preferred air temperature.  

Mask mandates, temperature checks, only one family member could go into the grocery store at a time, shoe sanitation at the entrance of most buildings and stores, naval forces blocking access to the beach so crowds couldn't enter.

I had two mold remediation companies come and look at it and they both said it is due to the temperature variance in the winter from the craw space to the bedroom. 

You can learn a ton from the real estate experts on the site.For turnkey in Memphis, I recommend that you check out the following companies.Discount Property Warehouse - Robert Feol and @Stephen AkindonaBuy Memphis Now - @Curt DavisMemphis Turnkey - @Alex Craig (as mentioned above)Mid South Best Buyers - Terry KerryMemphis Buy and Hold @Derrick CraigMemphis Invest - Chris ClothierThey are all top notch.Best of luck to you!