For larger projects I will multiply by .70.  

In those situations you want personal guarantees and high liquidity and net worth.

It would also have about $35,000 equity that I could liquidate to apply towards another property, debt paydown etc.I want to extend my ownership to at least 1 year and 1 day to qualify for long term capital gains vs ordinary income.  

Personally, I'm a Self-Storage Guy, so I'd perform a basic feasibility study to see if Self Storage Would work in this market, and if not, then pursue a conversion to the larger units.  

The PA convinced him otherwise and the PA was able to become temporary trustee as they sold the house, liquidated assets and then I suppose they sent him all the proceeds.  

It will broaden the first story of the house making it seem larger and it will break up the tall facade. 

But as I grow larger I want something simpler and I'm leaning towards Google Wallet, Venmos, or something similar.  

I also have a small group of investors that are willing to partner with me on larger properties.  

I have about 32K in liquid funds.  

You don't say whether you already have a blanket policy you can just add to with this property, but if you don't you may be surprised at your insurance cost.  1990s product is not too old, so that will help, but if you are basing your assumptions off the seller's numbers and the seller has other properties, chances are that this is just the cost represented by this property as part of a larger insurance program.