Another aspect that made the deal interesting was that it came with an extra lot, which I can parcel off at any time and recover the whole initial downpayment.

@Nick Gee Your best bet to avoid or defer capital gains would be to use a 1031 Exchange to invest in a new property.

You mentioned not raising rent in 16 years, so I am betting three things:1.

Hope this helps a bit - please, feel free to reach out anytime if you have other questions or just want to chat!

There is no commitment, you can cancel at anytime. 

Best bet is to meet with someone face-to-face to explain your situation and see what they would be willing to do for you, I'd recommend researching and setting up meetings with a variety as it may take some time to find the right one.

Just talk to everyone you can and don't be afraid to ask questions, but make sure you also invest in your own education so that you're able to have informed discussions.And, please, feel free to reach out anytime if you have any questions or just want to chat!

Your best bet might be to use a personal loan or credit cards for the rehab.

It is the cheapest stuff you are going to find inside the beltway and long run that seems like a good bet to me. 

Shoot me a message anytime and I'll get those over to you!