This is potential schizophrenia pattern.

Banking locally gives you a human you can speak with about your potential deal.

I already completed the lead inspection.I have a potential tenant looking to move in April 1, can I have a tenant before the license process is completed?

Would have to do the math backwards by figuring out the build cost and potential value when the project is completed .

Can you sense the potential pulsating through the city streets?

In our case we wouldn't have any value seasoning on DSCR so as soon as you do the repairs, we can potentially use that higher value to get you cash out. 

So someone who is looking purely to maximize potential return (and has unlimited time) is unlikely to find this a good fit.Turnkey operators are kind of in-between.

There is quite a bit to learn so I would say get moving - read, go to meetings, consider working with someone who can help you jump the learning curve, set meetings with potential team members.

A SFH with a potential separate basement entrance that you Airbnb/STR.

Fortunately they were both my bank's liens but they were a potential nightmare to fix.