Thanks @Kristine Pedersen and @Sheryl Sitman, I couldn’t agree more as I do more homework on this.My initial plan when/if I buy this shell essentially is to first close it off from the elements.

By the time we were ready to list it the market just began to heat up and with our property much nicer than any of the other comps we decided to list it at $199,900.

New investor seeking private money, and I'm wanting to put together a nice presentation for potential investors. What are some of the things that lenders look for?

We did for a few properties, make individual rooms for each unit that have an element of storage, laundry hookup, and sink but keeping it open ended up being cheaper then building walls.

You'll need to underwrite each element separately based on your strategy.

Comparable 3-bedroom, 2-bath homes have recently sold for between $85,000-$112,000, so I feel good about the numbers and potential cash flow IF we can hit our rehab budget.Here are the rehab projects we have identified:*Update heating/cooling system so home qualifies for traditional financing (gas heater pictured below is only heat source in home)*New siding*Finish attic space into 3rd bedroom to increase square footage and rent potential*Add small 3/4 bath upstairs (in the purple*Finish the kitchen*Finish installing matching LVP throughout houseQuestions:  Why hasn't another cash buyer snapped this up yet?  

Maybe Quartz works better than Granite in your area etc, etc  Lastly- Big factors in appraisal value are condition of the roof and A/C Heating units.

The commercial building is 3200 sq feet and has 2 heating/cooling zones.   

You lose heat and the pipes burst...Talk to your insurance agent. 

It’s like a military task force being composed of sub-fire team sized elements or even just individuals...Sounds you are looking to be mentored.