Personally I think it can be done online.

@Derrek J HooymanI'd personally wait til after the tenant moves out again so that you have a clean slate to work from.I feel like value add recommendations have to come from you or your realtor...aka someone who has seen the property and ran the numbers. 

Most HML lenders cap at 75k-100k minimum (with some going as low as 50k but I personally don't know one that can do 30k).

There are some indications that they may not sign, some personal family stuff that I don't want to get into. 

I personally recommend looking into the Columbus OH market.

U would be tresspassing if you go on the property.. although me personally I never let that stop me. 

I guess I will try and talk with him when I move in but I’m confident you can’t even rent a studio apartment in this zip code (06790) for $7504) When I sit down with him upon closing I plan on asking him personally if there’s anything that should be brought to my attention that needs to be done that I may not have seen on the home inspection which I will absolutely repair.  

Personally, I find that buying is usually quicker and cheaper upfront, while building offers customization but requires more time and coordination.

Personally, I invest in Memphis, TN for 2 reasons: 1) I believe it is the best market for real estate investors for all the factors mentioned above. 2) I live here and if investing in my own backyard of Memphis is a great idea, why would I go anywhere else?...

Talk to a few commercial bankers in your area and you will get some solid answers.