You pay your agent at closing (think of it as an additional closing cost) Depending of the situation and of these options can be used by you and your agent to negotiate with the seller.

Your ability to accurately estimate costs and efficiently manage renovations makes you an extremely valuable partner in any deal.

ROI can vary, but some parking lots have great returns with minimal upkeep—just be sure to research zoning laws, demand, and operational costs before diving in.Good luck with your decision, and feel free to reach out if you want to chat more about any of these options! 

It is always valuable to be able to walk into a property an analyze cost to repair, it is a huge factor in determining the feasability.

Trying to get a # from him about estimated remaining cost but got nothing.   

@Ben Syzek with $50k, you're probably looking at a property with a total cost (purchase price + reno) around $250k.

The cleaning costs alone were over $9k.

Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.

Aloha Joshua,  I deal with clouded/messy titles often and it's not my first choice as its froth with a lot of time, costs and risks. 

I am open to it- but unfortunately, I am not looking to move until another 2-3 years- my partner and I rent an apartment on IOP and we love the location and the cost is actually incredibly low which is great.