Hoping to find something that is ready to rent out (though light cosmetic work is OK). 

@Hazel Dellosa feel free to reach out to me to discuss what you're looking to do.

While completing the repairs, I'm assuming you may need access to lights, water and possibly climate control, so you'd need to get the utilities in your name during this period.You may even want to backdate the service to the date you became legal owner because you could be currently racking up some costs if the A/C is kicking on or you have a leak anywhere.

Business can be moved to a new location as the greenhouses are able to be relocated (after the development option is green-lighted, for example.)There is also an exclusive option to buy the next-door lot, 4.4 acres, for $400,000.The zoning, SFT Medium density, is zoned for up to 6 units an acre.

Rents continue to increase and there is only light ahead of us here.

I see this daily from my perch as a local lender and its only when I break down the deal for these unsuspecting investors do they see the "light". 

Also, run those numbers (if you havent already) past some other people around you that you trust and see if you get atleast 3 green lights of approval.

Hi, introducing myself, have lurked for awhile and in education phase of real estate investing.I'm a millennial from mid Michigan whose finally starting to see light after student loan debt and looking to learn and develop as much as I can.Always interested in meeting new people in this market or from wherever to bounce ideas withCheers

Due Diligence Documents shed light on things that owners (intentionally or unintentionally) try to hide - we found out the rent for the lot was a whopping $70 lower than we initially thought.

Even after the renovations, we replaced multiple A/C units, we complied when tenants asked for small items like a doorbell and back porch light, we sent one tenant to a hotel on a Sunday night because the septic tank was backing up - yuck!