I have also shown properties that are just dry-walled before, and have been able to paint an accurate + attractive picture for the prospect of what they will look like finished, securing the deposits.

You could always do what some family members of mine do, build a dry-food stocked cabin in some remote location. 

Yes, I've Googled - but I couldn't find anything cut and dry.2)  Are those good terms?

So I would need about $225,000 dry powder to get 1 more loan. 

It's not cut and dried.

This approximately gave us 250K to buy a passive purchase all cash and not have to worry about the interest payments, giving us the option of cash out refinancing or keeping our powder dry for other future acquisitions.I most interesting thing about this decision though is it has change the mindset of my previous investment strategy.

Oh and btw, most of the investors here rely heavily on banks so right now, the competition has dried up.

Really explore financing options as they aren't as cut and dry as residential financing.

Dry cleaning chemicals and tires are very bad environmental hazards so a study needs to be done to see what were the former uses of the property.

The frames are rotted, the lintels look like they've popped the stones/masonry and letting water through, and there's some sagging of the front porch (above these windows) causing a few cracks in the cement and more leaking into basement room below.