Get it fixed or tear it down. 

Hi I am looking at a construction loan to tear down an existing two families and rebuild.

Hi Mellisa,Diatomaceous Earth (Food Grade) kills fleas.It works better than any of the chemicals I've tried.Fleas slide over it and it tears them open and they die.

one of those boys had been wrestling since the 5th grade and tears were streaming down his face.

"A man can see further through a tear than the lens of a telescope"Bruce Lee

If they can do two jobs without moving their trucks and equipment it saves them time and money - travel, loading, set-up and tear down can take hours for a larger job.  

There's no debt on the property.The idea is to leverage the equity on the house to tear down the existing and build a 6-8 unit family which would bring the house value to at least $5,0M (similar apartments are being rented for ~$3,800).We want to keep the property for cash flow and use the equity that was created and refi to fund more deals, generate more income, and so forth.The problem is we have very little cash and basically need to finance 100% of this deal.This project will roughly cost between $1,5M to $2M depending on what we do (which would be ~30% ABV).Also, we would need some money to keep their expenses throughout the entire project which could take at least 16 months.I have run multiple scenarios and even with the most conservative assumptions, it shows that the project is feasible.

When the eventual tenant and her mother came and toured the place I'll never forget how happy her mother was when she saw the house, it almost brought her to tears.

I have read here the multiple posts from the landlord concerned about tenant setting thermostat to the extreme causing excessive HVAC wear and tear. 

I don't want to get into the development game, tearing down old buildings and building new ones.