I have a PM for the property in my own town as well. 

You'll need to refinance out if that as well.

All Banks & Lenders are different as well as which program you used to buy the home.

We are planning much more site visits as well. 

It's tough when there is only one property of any type and multiple applicants so remember if it's not out of your scope to get them set in a right direction as well if there are multiple qualified applicants.Best to you Jake, stay safe!

We usually keep it to praising how well they’ve taken care of the place and saying how we’d be honored to carry on the tradition.  

Hello BiggerPockets community,We are excited to join this vibrant and knowledgeable group of real estate enthusiasts.

Now the minimum standards your basement has to hit for it to be able to count as assessed sqft not estimated is a height of 7 ft, a point of egress (bilco doors) and a window usually in the rear, It's one of those things where if your going to go through the process of digging out a basement you might as well go for it and dig it deeper then 7 and closer to 8 ft so you actually stand out compared to the competition.Now the other side of this coin which I would suggest is if you're willing to spend 40-50k on a basement dig, consider adding a 3rd story addition if your a 2 story (think master suite, walk in closet, master bath) or an addition off the back and add a roof deck if your a 3 story (either master suite or just additional bedroom).

Appreciate this opinion as well.

If you're paying anyway..might as well get a G Wagon, or in this case a STR out of it. lol Check in with me if you'd like to explore OR, I work with a lot of absentee investors from your region.