I’m looking to put a HELOC on it, but it will need to be converted into a condo structure for that to happen based on the product that I found and like the terms of.  

You probably know the below info but you might not and it may give insight to others who come across this info in the future so ill post it.What are the lists you currently have?

The Company had to purchase $19K  to furnish it.  

While it might be good to focus on newer 3/2/2 homes, if you catch a deal that is 2/1 and in the city next door to your target, it is always something to consider.

Money has to come from somewhere so where will it come from.issue will be if they increase sales tax it will be regressive tax as those who rent and don't own and have low wages will still pay more for everything.

An appraiser looks for 3 recent sales in the immediate area within the same vintage of build, sq feet, style, number of bedrooms, number of bathrooms and so on or as close to it as he can get.The "subject property" might get some value taken away from it if it has a lot of deferred maintenance.

That area lost most of its industry decades ago and the people went with it.

It was approved by the city and a building permit issued in Oct 2024.

:-D Sometimes it works. 

Investment Info:Single-family residence buy & hold investment.We purchased a property that had a standing farm house already, so as we moved into it we began renovations on the adjacent Amish cabin.We finished it out and listed it as an Airbnb to much success, with less than 5k in refinishing costs.What made you interested in investing in this type of deal?