Then you'll know how you want to approach these owners, and we can help you market to them.

I have generated a list of pro’s and con’s to each of these approaches, and was hoping people would weigh in on the best strategy.Pro’s & Con’s of just using cash:1.)

@Ariel Haas  is this a property that can appraise based on an income approach?  

We were going to take out a personal loan from our local credit union to cover the rehab costs, but family has approached us about losing us the funds.

@Josiah HruschNot necessarily a real estate specific approach but a good mindset book is called It Takes What It Takes by Trevor Moawad.

Is seller financing a good way to approach this or should I look for alternative ways to approach this deal.

I was looking for some collective thought on my approach to get this property up to market rent.

There's probably a benefit to being an early adopter in that you take care of it before everyone else "has to" do it, but if you're too early then the infrastructure/products/know-how isn't there as much so you pay more than if you wait until demand is more widespread.Most folks I know, including myself, are taking a "wait and see" approach at the moment, but obviously folks that owner occupy might act earlier especially since it could benefit them personally.Now is a good time to recommend RISE Engineering, which does free energy audits of residential properties and then reduced-cost work if you do decide to implement some/all of their suggested improvements.My understanding is that it's free for the audit and reduced-cost for the work, because they get funded partly from charges everyone already pays on their electric/energy bills - i.e., it's subsidized by a tax we're already paying.

Our property is in the Buffalo market, but I was wondering how folks approached securing a CPA, specifically in a new market where you may not have an entire "team" in place yet?

You need to have a long term comprehensive financial plan so that you are always moving toward your long term goal.