We were able to come up with terms to combine both homes into one loan, but still have the option to sell the properties individually.Thanks for the comments.

Here on historic properties, you are not allowed to use modern vinyl or fibreglass windows and must maintain the original shake or clapboard siding (which means increased maintenance costs).  

Considering converting it to a 3BR/2Bath by combining the Half-bath with the Master Bath. 

As one of the most important tools in growing a business, networking often finds itself overshadowed by what is seen as a more modern and effective approach - online marketingThe majority of businesses are reasonably savvy when it comes to using online platforms to reach vast numbers of existing and potential clients, perhaps through a well-timed tweet or a catchy blog post.

At the same time, my goal is to grow my own portfolio in buy/hold and flipping.My current growth goal is to be able to double my current payroll income with a combination of passive and active income in the next year. 

Due to poor management on their end they have defaulted on two mortgages.I believe both of the mortgage debts combined equal roughly 215,000. 

To rewire the whole building to modern codes and upgrade the power supply to 200amps would cost 15k.

I think that to bridge that gap would be a powerful combination, as you have described with your Father-in-law.  

Combine that with my location and it would be really tough.

Doing fancy hardware combinations would be twice as much from a conventional manufacturer (Pull outs, pull downs, etc.)* Typically immediately available* Good longevity for regular human use (Not low-grade tenants)* Doors are super easy to replace if you need to replace something or change styles later* The rails are affordable.