Would require new interior paint, exterior cleaning, flooring to replace carpet (when home is vacant)From the surface this looks like a good deal but I am only starting to learn about this market.

The unit is located on the first floor with 2 exits into thebuilding interior hallway and 1 exit directly to the outside.

Depends on the amount of the fines.Next figure out if it is code or if it is typical to insulate interior duct work.

I’m a realtor and my fiancé and I run an interior design business together.

They are totally trashed the interior of the house, knocked holes in the walls and stolen all the fixtures and copper piping.If the property does have a remaining redemption period I would not do any repairs to the house until it expires.

The listing only has a single exterior photo and the bank priced at $300k and it appears they are not aware or factoring in the interior condition.

That being said, I would be concerned about the occupancy and if the leases have a variable ending date and its age, and if you think you could add any value to it by raising the rents or make any interior or exterior improvements. 

While condos have their downsides, one of the nice things IMO is that you can budget a little less for CAPEX (assuming your HOA covers pretty much everything outside of your interior walls).If you're interested in deploying the cash tied up, have you thought about a HELOC vs. selling?

While the property doesn’t need any repairs, I’d like to repaint the walls, get rid of the tube TVs, and other minor interior updates.I’d be able to take a month off of work about 7 months from now, which would be an ideal time to buy it.

@Mike BenitezMost of the flooring needs to be redone, interior painting and other cosmetic things like fixtures.