Hard wood stairs, LVP flooring throughout, completely painted.

Any damage to the wallpaper, paint, walls, floors, carpeting, doors, windows, window treatments, light fixtures, appliances, or other improvements to the Property (to include burst water pipes due to freezing caused by neglect or carelessness of the Tenant, his family, or any of his guests), in excess of ordinary wear and tear, shall be promptly repaired or replaced by tenant, at Tenant’s sole expense, so as to restore the Property to the same condition as existed prior to the commencement of the Term.

Purchase price: $300,000 Cash invested: $80,000 Let me paint a picture for you of this amazing cabin we've got in the Red River Gorge.

I also really enjoy the process of taking something old or rundown, and making it new again, I just love seeing the results even if it's just a fresh coat of paint.

Paint, flooring, and upgrades.

Plus the holding costs and permit costs if it’s more than paint/carpet.

You'll do this for everything in the home that requires replacement: interior paint (4 years), flooring (12 years if you use 12 mil LVP), roof (20 years), hot water heater (10 years), oven, washer, dryer, garbage disposal, microwave and so on. 

Spending $20k on exterior if windows roof and painting are needed will eat up costs pretty fastBest to itemize what needs to be done and then determine a rough estimated cost

I would just wait till they leave and do repairs , paint and do flooring for the next tenant . 

He is open to offer that’s just what he is starting at and these contractors also asking rip off numbers