You could put in new floors and paint and make a little money to have some money down for a real flip that needs more cash. 

I did the repairs to qualify for the loan before the VA appraisal/inspection (hot water heater, drywall fixes, chipping exterior paint etc.)

I'll paint oil-based Kilz on any exposed char or smoke damage post demo, add new HVAC and plumbing, do a complete rewire, install 3.5 new baths (only 1.5 are new; others will be re-dos) and a new kitchen. 

It's an old house and most likely has lead paint.

Itemized Repairs and Related Losses to get unit back to move in condition: Interior painting, paint, and supplies Total Repair Cost: $250.005.

We are also going to move a few non-structural walls around to increase the kitchen size, convert the hall half bath to a full bath, and turn the current full bath into an en-suite for the master.Exterior we are replacing the siding, windows and doors, and paint the brick white.

A Brimar 5 x 8 dump trailer , 5000 lb capacity , garage kept , looks like new ,paint still on the floor and its 10 years old  he says he used it like 5 times .  

I bought a condo in Coral Springs for $35k, sold it a couple years later, no renovation, just paint, for over $100k.

Required work:Electrical wiring and fixturesPlumbing fixturesSheetrock install/mud/paint Flooring (currently exposed is half slab and half old flooring)HVAC repair/installI appreciate any input!

There are few thing to fix: roof, plumbing, kitchen, painting, floor, foundation.