With some creativity and some carpentry work (usually not that expensive), you can create value by turning a non-optimal unit into one that maximizes the square footage.

Might be able to pump it up out of the basement entirely if you are creative. 

It certainly is possible (private loans, partnerships, syndications, creative financing, etc).

If you are looking for creative financing solutions I might have some for you.

Zeona McIntyre sells a lot of creative deals that are furnished and already operating STRs / MTRs.

In the current market conditions getting creative and shifting the thinking on what works is where I'm seeing investors be successful in building portfolios.  

This is one of those creative ideas (I LOVE creative ideas!)

I'm Val, I'm a full-time therapist, part-time photographer and everyday creative looking to translate my skill set into house flipping and landlording.

Between Investing and breastfeeding I Had upgraded my business and started also consulting business owners about visual content.2021 I launched my marketing agency ‘The visualistit’ and thought business owners who have great ideas and want recognition - to market themselves and their businesses through videos on social, and feel really comfortable in front of the camera.In 2022 I did my third investment, this time in Israel, my country, 1076 sqft, remodeled it with contractors and rented it.2024 it is stronger than me 🙂 I decided to do real estate full timeI realized that I really love real estate because I love many parts of it,first it’s a people business, and for me that’s almost the best part :) Second, it's a creative business, from rehab and design to creative financing.

I think this city is target to that since population will keep coming due to house affordability (getting away from miami) If you're looking for quick flip , you may have to look for a different exit strategy as different houses here has similar condition , you have some competitors .... you can go either with price reduction strategy, partnerships or use creative finance strategyGood luck