He met with town engineer and hired an engineer who raised the low spots by redoing the walkway, had a new survey done as well as an elevation cert. and applied for the LOMA to get it lifted from the flood zone.

We renovated the properties and the cove completely redoing the properties themselves and adding fences to cut off walkways and cut-throughs from other neighborhoods and apartments, planting trees, shrubs and flowers, painting the brick to bring vibrant colors and generally raised the "look" of this area from urban decay to urban renewal.

But someone who is trying to buy the land now, wants a 5 story apartment complex to back right up to our walkway.

We don't have to make 30k in profit because we're planning on holding it for 2-4 years while we live in it.We're on a 203k loan (and we've talked to the listing agent and mortgage broker and both feel we can get the loan done before the sellers bank demands closing) and a 203k wants licensed contractors to do most of the work.So without further ado:Repairs Number of units CostDrywall repair 25/patch x 5 500Tiling in Kitchen 7/sq ft x 84 650Refrigerator 1 2500Dishwasher 1 500Granite counter tops 60/sq ft x 54 3200Oven 1 600Paving the driveway 75/# of square yards 2500Updating 2 bathrooms 2 2000New fencing 200 lin feet 1500New Carpet 400 sq ft 1500OR Hardwood floors 400 sq ft 3000Dumpster 1x2 500Landscaping 3 yards 1000Opening front porch windows300/window x 3 900stone walkway .05 x 5616 sq in 310Paint interior 1800 sq ft 500Labor .5 of total cost 10000 30160Offer on House 45000Rehab amount 30000Total loan amount – down payment 72375Closing costs 4300Down payment loan 2625Upfront Cash needed 6925Monthly payment ~550/monthDo those numbers look anything close to realistic?

Hopefully you have something in your lease regarding public hallways/walkways/breezeways and the hazards of such items, fines and removals and storage of theses items.

I also come across nice homes with acreage or luxury homes that did not quite get finished by the developer (no driveway, walkway nor outside lights).

Here's a small excerpt from my 10 page lease... 1.CLEANING:Tenant(s) is responsible for cleaning all areas of the Premises, including but not limited to; living room, dining room, kitchen, hallways, laundry room, bedrooms, closets, bathrooms, outdoor walkways, and parking spaces.

If not, you should do that next time.There are things that are not apparent from a walk through such as roof issues and other things that should have put up a red flag to the agent right away (knob & tube wiring, stairs without railings, broken walkways, etc.). 

We have slowly upgraded the property by adding in a new driveway, walkway, new duct work under the house, updated the landscaping for curb appeal, installed recessed lighting and ceiling fans throughout the house and repainted all the interior rooms.

It looks like from the photo that there is some type of walkway or path.