However, there is an electrical pole with a transformer (see pic) in the back yard and it's eye sore. 

Also, I love to see a house transformed into a desirable home.I do want to do buy and hold, but I don't want to tie what little cash I have up with a long term investment.I don't have a lot of cash to make a purchase and rehab a property, but I would think my credit could help me get the financing, but I'm not sure.

I've had good luck with rustoleum cabinet transformations.

That area has been transformed a little.

This property would be gorgeous with some love and renovation, corner lot, could transform the neighborhood.

Author of "Crush It", marketer, and entrepreneur - his advice would completely transform anyone'a real estate business if you actually put in the work.https://m.youtube.com/watch?

You will find a wealth of knowledge here that can transform your life.

In other words it will be a brand new home on a 1977 chassis which means for all intent in purpose it will transformed into a brand new 1976 Mobile Home.

The tailwind of ever rising prices has transformed many bad deals into good deals by the time they sold, but buying on that expectation is speculation, not investing.  

So I bought a old 1900s house and completedly transformed it to an amazing property.