Financing: Draw a diagonal line through this section 5.

Financially, I know that many of these activities are more profitably outsourced.While I may have learned more than @J Scott regarding construction activities by doing some of the initial ones myself, he probably did several more flips than I did while I was figuring out how to lay tiles on the diagonal.

Also, there are signs of foundation movement such as diagonal cracks in the Sheetrock above the doors.

I would probably use 4x4 white glazed wall tiles and cut the corners on a diagonal in the eye level row of tiles to accept an accent piece that matches the floor tile.

In our area - almost diagonally opposite to you on the continent - Kijiji has great traction and has been the main on-line source for rental advertisements and Craigslist "sucks".I will concur that the eBayization of Kijiji has not been entirely positive.

Because of this condition, my first question, is your assumptive ability to get this owner to leave ~$70,000 of his asking price on the table, considering he has obviously already taken into consideration the parity between the selling price of the house across the street by decrementing that price with your exact amount for repairs and rehab of $40,000. 

The unit's ceiling crack has grown throughout the entire living room diagonally.

The house is an SFR with an illegal in-law in an interesting but visibly improving area (City added bus rapid transit and diagonal parking).

Prices were less than replacement value and the CAD and USD were at parity. 

Look for cracks or unleveled streets (2) History: Has there been any flooding/earthquakes/blasting near this area that could have affected the foundation (3) Soil Sloping (4) Pooling of water (or signs of it on the ground from looking at the dirt) / poor drainageHouse: (1) Gaps at the corner of fascia trim (2) Diagonal cracks in the wall at corners of doors and windows (3) Cracks in the exposed grade beam of the house (4) Cracks in bricks and mortar (5) Look for bulging of any walls (6) Gaps between the garage door and the pavement at either side of the garage door Interior indications of foundation problems Windows & Doors: (1) Will not open or close properly.(2) Look at bottom of door/window to see if it is parallel with the door frame (3) Door frame cracks in corners (4) Sheet rock cracks in corners (5) Latches won’t secure in place (6) When doors are installed, typically they open and close effortlessly and the latch has no problem finding its home.Floors: (1) Unleveled (2) CracksConcrete slab: (1) Cracks (if slab is visible)Walls/Ceiling: (1) Cracks, look in corners (2) Horizontal and vertical lines, and eyeball to see if they are straight (3) Look on walls for painter’s tape and drywall compound, to see if they are covering cracks.