Dentist might have failed but there are a ton of business owners who would love to set up shop right in a neighborhood where they have nearly exclusive access to residents. 

Your county building dept will have physical requirements for a separate dwelling unit (such as thermostatic control, accessibility to the breaker box, basement window egress and fire separation.

Now that I have some more experience and access to capital, I'd like to revisit that property!

A lot of banks have introductory rates for HELOCs that they use as a loss leader for the branch and you can shop around for the lowest rate or any bonuses they have because its the cheapest money you can borrow.Once you have that line of credit, rather than utilizing it as collateral for downpayments on leveraged properties, I would use it to leverage the strength of cash offers on distressed properties ideally to motivated sellers that allow you better access to good deals compared to those with financing contingencies.

These students and interns need housing anywhere from 14 - 20 weeks which put them well outside the restrictions of Airbnb type regulations or zoning limitations.If anything, I believe that it is this recent crack down on short term stays that would make serving this demographic an even more attractive option for the savvy real estate investor.

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Financing also juices your returns, and not everyone has access to the same types of financing.

Access the MLS, 3.

Assuming I do get access to a list of properties in probate, how do I determine which properties actually need to be sold in order to settle the case?

@Tina Jenkins Unless you meet a triggering even, you won't be able to access those funds.