Also you’ll need to check with local ordinance if converting to boarding house is legal and steps needed to do so (you don’t want to pay assuming those numbers to only be told you can’t do it)you hml money you can roll into your conventional loan but you’ll need to understand the scope of time from the Gc to make sure it’s feasible 

I'm local to the Monroe area, and yes there is a large population shift moving to this area.

My first big break would come in the form of a package of homes that a local bank had taken back through foreclosure.

Check you local regulations - don't guess.

You could seek a business line of credit using the property as a collateral, but most lenders don't do this - you may be able to find one if you talk to local banks or credit unions.Alternatively, you could get a second position loan on it, like a HELOAN.

Gaining knowledge about various tactics, current market conditions, and financing options for real estate can help you make better decisions.Attend meetings, make connections with seasoned investors, and get in touch with local real estate agents.

I suspect it is a mechanics lien (I've been googling) because the PMC said they don't need an attorney and I don't have to live in the area or have a local mailing address for them to apply it.

I bought a Victorian mansion from a friend who hired the local professional flooring/bathroom company to install the bathroom tile and she had 3/6 bathrooms with large tile crack and have other issues that she had to have them come replace the tile twice in one bathroom.

I’m also local to you in Middletown!

Assess the Regional and Local Markets: Look Past Tampa: Even though Tampa may be a difficult market right now for cash flow, consider looking into other communities or suburbs where real estate prices may be lower.2.