Also as others have stated this is probably the metric that matters least in your analyzation.

Once you have the equity in hand, you will have multiple routes to explore, it's just a matter of time when and how you liquidate!

.$20.27 Subscribe & Save  Nippies - NippiesTrying to remain as G rated as possible...This goes to show that no matter how much you fine tune an algorithm, there are always anomalies and outliers...Stay tuned for more when I run things again in a few hours.

But, none of them are willing to discuss the matter on the record.

We do have our retirement accounts, brokerage accounts, HSA accounts, etc… and will continue to invest money into those respective accounts for retirement purposes.With above stated, I would appreciate if  anyone can give me an honest opinion on how to start my journey as in what would be the best operation plan/strategy given my current situation and assumed future plans before partaking.Thanks in advance for anyone replying and assisting in the matter.

You can't force equity when everything around you is also worth 60k...doesn't matter how nice you make it.

Its matter of time.Turnkey Company via SDIRA Wealth (biggerpockets.com)

You can't really convert it to a rental property and then do a renovation as you will have no cash flow as a rental so I am not sure if you are trying to classify it somehow, but I don't think that matters at all.

As for heat loss along the way why does it matter?

STR idea might work as well although that's a matter of execution.