I'm not familiar with how European real estate transactions work but personally know I would feel a lot better if there was a third party involved holding the money

All the new houses we've put on Section 8, the guy tested every single outlet.As a note, it's against all the rules, especially in the rental business to have three prongs on ungrounded circuits.

I'm assuming it's a big building so that would be something you should review in the by-laws in terms of what you're entitled to.I would get in touch with your personal accountant/CPA or perhaps a local real estate specialist in NYC (there's a few in the forums) regarding your scenario.

I also have stumbled across a guy on TikTok (I know, I know) who claims he got into real estate investing by developing relationships by completing inspections for investors and essentially picking their brains on the business side of things.

I am looking to move my real estate agent/auctioneer business into the land niches (agriculture, residential and commercial). 

If you can use OPM on the renovation at say 7% with plan to pay the principal down in less than a year, then I would invest your personal funds elsewhere into another deal or do something with your current STR to help it stand out.From my experience, HELOCs scare me but I do know if done the right way they can be very effective.I'd be happy to chat more on your Smokies STR on how to help make it stand out.

This means attracting businesses that provide jobs within the city and creating more shopping options.

Granted, I do have great pictures of the property when its vacant, so I was wondering if I could just use those, clean up, and have the property ready for the new tenant to move in within the same month that the current tenant leaves... all without ever showing it in person before-hand. 

That can be a great business on it's own.

Fortunately for me the business is horribly mismanaged so there's plenty of value-add opportunities.