However, you may have other issues to deal with.

I truly don't know, but if the gut is extensive and you are going to hire GC anyways, it might be worth throwing some numbers around to see what you can get.It has had termite and rodent issues for years. 

I know the permitting and building process is way easier with ADUs, but I would assume that it's much more difficult with single familys.I will be acting as my own general contractor (currently waiting to be issued my remodeling contractors license).

@Kyle Neff this is usually the same issue on ALL commercial properties that we seek to upgrade. 

We did this with our property and had no issues with our bank.

we can help you build your FICO right so will not face this issue again 

I got a property under contract that I didn't want to keep because it had foundation issues, so I decided to assign it.

I'm finding a lot of wholesalers who just want to assign contracts but having issues connecting with investors (I'm in the Hampton Roads, VA area).

With co-ops and condos, the issue usually comes down to the HOA fee.

Another issue is that conventional refinancing has a long seasoning requirement - this can change if you choose to move out and do a DSCR refinance.