Similar for bathrooms if virtually all are multi bathroom but you find a single bathroom, making it multi bathroom via new construction could be a value add.There are more sophisticated value adds such as add multiple adus via bonus density program.  

When rates re-trace and other folks start trying to deploy the capital, I want to know I secured the (right) asset.

With careful planning, you can develop a portfolio that consistently outpaces inflation and helps secure your financial future.I hope this helps.

The owner has agreed to give up this access if he can secure alternative access but has been running into issues with the City of Redding.

@Bob Asad at our bank, we have an escrow account for security deposits, it is set up with sub-accounts for each tenant with their security deposit amount and their SSN.

This could help secure a higher LTV while you build STR rental history.

Keep in mind, though, that each lender has their own criteria for how much future potential they’ll factor in, so it might come down to some skillful negotiation and presenting detailed projections that don’t feel like puffery.Just be careful not to come off as overly speculative…lenders tendd to shy away from what sounds too good to be true.Anyway, I’m curious.. have you spotted any other investors in Gainesville facing a similar refinance puzzle and what kind of terms were they able to secure? 

A “syndication” is almost always a capital raise for the sale of a security/investment.  

Do you have any suggestions on how we can secure long-term financing under these circumstances?

For the past two years, my primary income has been my Social Security, and my home is fully paid off.