The loan requires a safety inspection (and often required repairs) as well as that the property appraise and they generally make for a slower closing. 

And breaking it into multiple transactions like @Jacqueline Gardiner said will let you maximize sales price.This hybrid approach (having some free and clear and having others leveraged) gives you a lot of safety net as the paid off properties are out of harms way from debt risk. 

Easy win for the IRS under several areas.Has to be an arms length, FMV contract, based on services provided.

The 2 exits from a bedroom are a safety concern.  

We are an investment brokerage that specializes in SFR, mostly LTR, but have a STR arm that handles everything from management to renovation and maintenance. 

The bank that I am going with came in at 4% on a 5year arm over 15. 

So all operations of the property have to be at arm's length. 

Needed a complete renovation after uncovering safety and structural issues during demo.

Purchase price: $59,000 Cash invested: $75,000 Sale price: $194,500 Needed a complete renovation after uncovering safety and structural issues during demo.

I am wondering who invest on this arm of Real Estate, what area would you recommend and financing approach?