First of all if I read your answer correctly you are looking for a fixer upper, so it doesn't sound like the Realtors have the right search parameters. 

San Diego hotels trade for well over $100,000 per key right now, unless you get into the 30-50 room exterior corridor "fixer-uppers". 

(Unit 5 is a loft that is above the two upper units.)

The upper unit is a 2 bedroom 1 bathroom on the top story.

This May mean you lose the deal but I would rather lose a shady deal than buy a house only to find out several rooms are in utter disrepair.Is this a fixer-upper or something you hope to do light rehab and immediately rent out?

You can not just continue to refi because houses are primarily valued from a comp sales approach rather than the income approach so you have an upper limit to what you can pull out and when.  

I found a fixer-upper property that it use to be a home daycare in Moncton, NB.

Just curious about hearing how one has or May handle buying a property that needs work and then you find out you have to just about build the house over or even to the point of a complete tear down but you wasn’t prep...

And now, We are actively looking for condo units or possibly expand to townhouse/small multifamily on Upper Manhattan - NYC.I came out with BiggerPockets through youtube research.  

And now, We are actively looking for condo units or possibly expand to townhouse/small multifamily on Upper Manhattan - NYC.I came out with BiggerPockets through youtube research.