"Quick close, no contingencies" often gets deals at a discount that others miss.

Then meet with the broker and offer YOUR price. crunch the numbers as if you need to do the improvement and work on the Total COST base. 1963 Building may need re wiring and plumbing, new appliances etc etc - Tel all of that to the Broker/ Seller.Put an offer in with building inspection contingency, even if they want you to buy it As-Is.Make sure to put other contingencies according to your requirements. 

In a hot market, the only offers that stick are cash, no contingency.

Once you have something actually under contract you could have this appraisal done during your inspection contingency period. 

Add an inspection contingency and make the earnest money deposit a requirement only upon removal of the contingency.

My lawyer (thank god) absolutely insisted that the Bulk sale Act or Bulk Sale Contingency be included in the contract.

Make sure it’s refoundable - not going hard untill you confirm all contingencies. 

I take what I feel the ARV will be minus any liens minus Buy, Hold and Sell costs minus estimate for the rehab minus an unknown contingency since most of these you cant get inside the property to look and then minus a reasonable profit margin leaves me with the most I can offer.

Contingency for Financing with 30 day close3.

I understand this situation is considered employer-provided housing and contingent on him doing the work.