Give me a 100+yr old cabin/barn, those things are built like tanks. lastly, as a buyer, I'd want to know why your looking to sell.

There's always buyer beware.You took a company selling something at face value, you didn't do your diligence.

When speaking of a strictly commercial loan that is a different animal as is not 2 units purchase first time buyer which @Thomas Lebens states he is. 

Our group works with a lot of investor buyers in both locations you mentioned.  

@Reeves Bennett, Your property sounds fantastic, and the key is targeting the right buyer while showcasing its value.

While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging. 

Only if you consider working every night, weekend, holiday, and times when I should have been on vacation lucky, mucking around in crawlspaces, hunting down houses, falling through floors, etc. 

That's the only way this would work for you and the seller unless a cash buyer comes along which is unlikely at $93k/door.

Moreover, wholesalers have cultivated lists of retail cash buyers who don't need the type of value-add opportunity you would to BRRR.Bottom line is that you can BRRR anywhere just like you can make money in real estate in any market. 

We have a buyer for the property and now it has been discovered that the corporation paperwork was submitted to the state as a charitable contribution even though we are listed as a not for profit organization and have been listed this way for well over 40 years.