The first day of the heating season was Monday.

Most lenders require 6-12 months of seasoning - if you can find one that will work with 6 months then you're in great shape.  

If you are a seasoned, new or potential loan investor regardless of performance, skill, knowledge or training chime in.  

My vote is Sell before the cold season starts.

Is there some seasoning that needs to happen or is it really up to the lender since it would be a conventional loan?

I'd say half the units in my area under a 24 unit complex are for sale, pretty much like most small motels, mom and pop drive-ins, small dinners, older storage facilities and car lots leased to used car dealers who go  bust every 3 years.

If it's updated with storage you could add $300-$400 depending on size.

We have growing home sales but stagnant contract activity and declining pending home sales Obviously seasonality plays into this however I believe it goes deeper than that.Thoughts?

Only knock out a wall if it will add another bedroom (higher rent), if you're updating the kitchen, focus on storage space or updated appliances.

My current interest are to own and invest in Multi Family Apartments, Mobile home parks and Storage facilities.