If its a matter of repairs to bring the 5 unusable ones up to par, then get an estimate for those repairs and ask for that amount. 

It turned out to be the right move because he encountered a few unexpected repair issues that would have made monthly payments stressful.

I’ve been driving for dollars in hoping to do some direct mail here soon to possibly find a deal that way where I can use my HELOC only for the purchase and still have some of it leftover for repairs.

Clean and make repairs, then put it on the market and rent it as quickly as possible.

Get a qualified contractor to verify the cause and then make the necessary repairs.

Furthermore, during the rental period, expenses like repairs and insurance were deductible, but these deductions end when the property becomes a primary residence, with only mortgage interest and property taxes potentially deductible as itemized deductions.In short, converting a rental property into a personal residence can provide some tax advantages, but you’ll need to account for taxes on both the depreciation and the portion of the gain from the rental period when you eventually sell the home.

Inspect for any rot or damage periodically, and replace or repair sections as needed to maintain its condition.Potential Upgrades / Considerations:Security:Enhance security with robust locks, a video doorbell, and exterior lighting.

Quote from @Devan Dorzok: $60k in repairs?

Very affordable fees, will end up being around 8% annually (excluding maintenance and repairs).

Her grandfather has a home (in Nassau county NY) that needs serious updating and some significant repairs.