Reserves: you have a combined 14% for all.

A tenet text me this morning after the board of health stopped by the building to look at some construction debris (Wood, carpet, old washer) that i haven't had the opportunity to pick up yet.

That in combined with some maintenance/management projects down the road, perhaps selling is the way to go....if you have a plan for a larger investment with greater returns. 

I spoke with an insulation/air sealing specialist and he suggested combining the three (solar and air source heat pumps plus oil backup) was the way to go - plus there are lots of loan programs in Mass (solar loans, heat loans for heat pumps, etc) to help move in this direction. 

@Mindy JensenLoose/ falling off top runs look like they were poorly installed, likely not enough expansion room left combined with nailed too tight in a few spots.

The fact that it has been vacant for 5 years combined with the fact that I'm pretty inexperienced make me shy away from it though.  

This is usually temporary, as savvy investors will notice this and purchase the cheaper homes and rent them out for the higher price, which may drive up home prices, drive down rent, or some combination.

My family will live in the main house and are hoping to turn the 4th bedroom into a small studio apartment and rent that out also since it has it's own attached (already remodeled) bathroom and access to a fridge and washer/dryer.

Her details:Original purchase $190KUpgrades (to finish 2nd floor/ windows flooring etc) $22kApprox Value $300kHer Mortgage balance $110kWe have been looking into options of combining equity, initially to build but not sure if the scenario above is possible.

You do that in a combination of ways:1) Read....read, read, read, read, read.