I have a concrete subfloor with glue-down luxury vinyl plank (LVP).

Full painting throughout interior and exterior.

So my thinking is that they wont want to budge until seeing what happens when its on market since the last year+ has been an expensive market with sales going for more than asking (not as much in multi-family, but the comps hes thought of are all single family).He has had the 900K number on his mind since the beginning of the year and wants top dollar - you're thought is very logical and could lead to a quicker and less friction in a sale (especially to a known interested buyer like me) but they are trying to get a big sale when the house isnt in great condition (exterior as well) - maybe its because I moved here from California where I was living before salt lake haha!

It's a split-level, and they turned the two-car garage into an "apartment" area; they removed the garage doors, sided the exterior walls to match the rest of the house, insulated, drywalled, & painted the interior walls, etc.

It is a fourplex, so we are going to be redoing 4 bathrooms, 6 bedrooms, 4 kitches, floors, mini splits AC added, replacing plumbing, roof, repainting the exterior/interior. 

You may well be severely restricted as to what you can do on the exterior, at a minimum. 

Your PM can control access, or you can add security cameras to the storage room that you can remotely monitor (along with exterior and common area cameras so you can check on your property anytime).

The inspector found previous termite damage at the base of one of the exterior support columns. 

Line item each element...roof, siding, exterior paint, interior cabinetry, flooring, interior paint, plumbing waste and supply lines, etc. then google "construction useful life" to find charts that give you an estimated life of each element.

Since purchasing, we remodeled the kitchen, new roof, painted the exterior, and are in the process of remodeling the master bathroom.As with everyone, we like the idea of a tenant providing cash flow, and long term advantages that come with keeping a rental home.