Stop trying invest in Condos all though it is easier for Preventative maintenance such as Roof but still have to take into account AC unit, pluming, etc.

The framing is different the electrical is different the pluming is stuffed in Sofits and romex wire is just run with no real regard for the safety codes that are so tough on here in California.All this believe me is no call to an alarm,  just want to explain your opportunity properly.

Cleaned and treated all hardwood floors, patched all holes and painted entire house, replaced door in the basement leading to the garage, had pluming repaired in the bathroom and new shower head and fixtures installed, replaced porch railing, installed all new cordless blinds.

The drain seems like its going to be your biggest obstacle but you can locate the stack where all the homes pluming routes to and determine which way the plumbing is running under slab or foundation.

So 40K + 120K overall and may be 3-5K more for any pluming or electrical issues or fixes.

Pluming doesn't need any changes, there's an outlet on the wall we are tearing down so I imagine we'll move it (electric) and we would need to move the gas line as the oven is in that awkward half wall and we are moving it elsewhere. 

A bunch of hippies lived in it and when they moved the new owner plumed in a gas line and roofed over the passive solar part and got rid of the composting toilet. 

(the $250k included down payment, holding period for rehab and closing cost).Ideally I'd love to update electric / pluming / ACs / windows.. but i guess that would have to be put on a back burner for now. 

I called them once for several pluming issues. 

There are some rough areas crime wise, and there is an area that you'll want to avoid affected by the "Collesium Plume" chemical spill area.