@Jonathan Greene - I appreciate the introduction.

I appreciate your insight! 

I am thinking to convert this home into multiple rooms which has its own bathroom and mini kitchen if it is feasible.I appreciate it in advance!

The guidance from everyone is greatly appreciated.

If anyone from New York or Florida that regularly does real estate transactions between the two states could provide feedback, that would be appreciated.

Be extremely conservative - assume very low rent growth, very low appreciation, and fairly stagnant interest rates, meaning minimal opportunity to increase cash flow through a refinance. 

Hello I hear their are unsecured loans I can acquire via my income history I believe they give you an income of 20% of the loan now can I pay into the debt replacing pre existing gray space the remaining 80% or will it remain outside as a new amount, hopefully that's understandable.also if I earn $30,000  annually what amount do they let me receive, thanks appreciate entirely.

Additionally, I have a partner who's a Financial Advisor and would also be involved in this venture.If anyone knows of any promising businesses in this space, I'd greatly appreciate any leads or recommendations.Thanks in advance for your help!

They get the use, ownership, tax advantages, maintenance responsibilities, and you get the upside equity if it appreciates.

Any help is appreciated.