With its strategic location near Baltimore Ave, a burgeoning commercial corridor, and the flexibility offered by its RM-1 zoning, this property offers significant potential for value appreciation and income growth.Property OverviewThe property at 5000 Florence Ave is a versatile RM-1 zoning parcel with existing structures, including a garage and space suitable for additional units.

Are they willing to pay for space to plant vegetable crops or will you give it to them for free? 

More like a lightly lived-in home that's extremely comfortable (where we invested in furniture & furnishings, etc. that are solid, functional, and versatile).

On the other hand, a carpeted room can never provide the same benefits or versatility as LVP. 

White also offers a versatile backdrop, easily matching various countertops, hardware, or decor.

You have to fully furnish everything, right down to the cutlery and tupperware (I had a complaint from an MTR guest once because they couldn't find the vegetable peeler!). 

Keep in mind this could be 500 to 1,000 years old with vegetation slowly working on it. 

What is in it for you is not just the bump in monthly rent but also a boost in overall property value, since a larger, more functional lower unit makes the home more versatile to buyers down the road.

It sounds like you bring a ton of experience and versatility to the table—real estate agent, general contractor, and STR/LTR management—so you’ll be a huge resource for investors and fellow professionals in the Birmingham area.A few ways to maximize your networking here:Connect with local investors: Many new and seasoned investors are looking for someone who can handle the full spectrum—buying, renovating, and managing—so highlight that in your posts and profile.Share case studies: Posting before-and-after renovation examples or STR setups can position you as an authority and attract clients who want similar results.Offer mentorship or advice: Even short tips on multifamily or STR management can build credibility quickly.Engage in deals: Investors looking for turnkey solutions or project partners will notice someone who can handle both the hands-on and transactional sides.

If you want to cover both bases, you could start with Premier Members CU for versatility, Wisconsin Bank & Trust for a competitive owner-occupied rate, and AA Credit Union for a solid fixed-rate investment property HELOC.