This seems to be a great investment for the equity play.The emotional aspect.

The biggest thing you can do from a marketing perspective (regardless if it's DM, social, SEO, etc.) is consistency.

@AR RodriguezThis is typically an area I don't share as it's the difference in how I get off market properties consistently where a lot of people don't. 

Replicate it.Take consistent action.

Small steps done consistently turn into big results.

I'm full bottle on the Australian tax aspects but the US part is still very hazy to me.Financing - This is another area that I have a strong understanding of in the Australian market but I'm pretty ignorant in the US and finding information for my specific situation is generally pretty difficult.

I don't want to sell it, because DC has consistently been on an upward sales trend.

Aspects like location, building structure, building floors, floor lay-out, building length and depth, stairs, elevators, and facade are needed be looked into when considering the conversion.

Consider all aspects of this. .. you’re still going to be required to sign a personal guarantee anyway ..

As long as it's consistent with the lease, you have the right to withhold some of their deposit to cover the damages and cleanup.