The fact that you obviously couldn't be bothered to even try to check before writing a lackadaisical response to my post does not speak highly about your future success in finding a workable solution to your problem.

We've closed some stock positions to boost funds, but I'm trying to balance a slow bleed vs ripping the Bandade, so to speak.

After speaking to a few contractors and architects, the cost will run me 250-300k.

Hope to be able to connect and speak with the large amount of investors here to learn and grow.

Speak to a CPA :) 

Feel free to reach out with questions, others can speak about the other states you listed but IMO they would have to be way better to justify the farther distance away. 

But generally speaking yes you can put that kind of money into the property if you get it at the right price.

The city is great but I speak only the most rudimentary planning language.

I do have to speak to someone in construction that is familiar with HVAC installation requirements, and this will require permits for the work.

Ben does a high quality job, but he may be a little higher priced.