Additionally, I have a lot of clients that are private money lenders if you are ever in need of financing.

my rule, others may say otherwise but I'm not in the volume game, real estate is my current Business, and I prefer quality over quantity.....just fits my style best.

If you cannot convert it into really useable space, what if you split it in half and put coin op washer/dryers on one side for your tenants use, and on the other side, put storage areas that tenants can rent for an additional fee.

For all you Dave Ramsey acolytes out there I invest in real estate now because without additional income my ability to pay off my student loans at my current salary (which is a good salary) plus living expenses etc... would mean not be able to pay back those loans and be debt free for at least ten and maybe 15 or 20 years down the road.

My question is would it be possible to get another HELOC, or home equity loan, etc. for an additional 30%-40% possibly?

Assessors determine your property taxes.Your appraisal is based on similar styled and sized homes sold within the last 3-6 months (12 months max) within a 1/2 mile to 1 mile radius, and with similar amenities and lot size.

Can you post any additional details about your deal? 

I'd say that after the job is completed, I might need to revisit the project to make additional minor repairs to the garage, and the money is intended also for electricity needed for the minor repairs, if they ever come up. 

(Sorry for the additional questions, but I know I would have these questions in my sleep.)

. (~15k) Additionally, sounds like you are living in it.