It has nice features like big windows in front, and it is just down the road from a very nice lake!

The main problem I need to solve is to convert it back to a legal single family house so an end buyer can get conventional financing on it.Up and above that Its up to my discretion on the level of finish.Or I could take the easy profit and sell now...

Each dwelling unit must have one main egress door, as well as each sleeping room, basement and habitable attic must have a means of emergency escape (door or egress window).Additionally, the code (IBC) for 3+ units is much, much more strict than the code for 1-2 unit buildings (IRC). 

It had main sewage line problem and thought would cost me more but ended up fixing it with help of Trinity Foundation guys way much cheaper than I expected. 

@Adam Giles, I am curious how you found SE Nebraska if you are originally from Maine and now are in Arizona.

You might end up having to replace your sewer line to the main. 

I'd just get a hard money loan; they exist mainly for financing flips. 

Those are the main points to a contract.

The other portion is mainly business law and estate planning (a lot of which is ancillary to real estate). 

My focus is mainly going to be long term by and hold.