Then make any repairs such as anything that would cause leaks and progress into water damage.

We'd also be hooking up natural gas which means some extra plumbing. 

He is also now stating that there is issues with plumbing, and leaking roof (all new to me). 

I'm looking for a budget number to connect to city water & sewer, and gas for a new build in Minneapolis, a vacant lot that has not had utilities before. 

Right now we have low interest rates, low unemployment, low gas prices, low everything that we hope stays low.

For instance, the basement was leaking water from one wall and the seller had to put up gutters with downspouts leading far enough away from the house.

Right now I have on the following on my radar:$3k (immediate): W/D and hookups$15k (~2 years): 2x heating conversion to natural gas and baseboard heating for 3rd floor$15k (~5 years): House sidingI've budgeted $500/month for capex and am putting it into a savings account.Down the line, once i'm under 80% LTV (5 years w/o appreciation), I'm not certain if I should consider using a HELOC for capex or try to rely on a savings account. 

Waste your gas.2.

Gas piping - hire a contractor.

Offer assumes there are no structural defects, foundation issues, roof leaks or other major issues that would affect the habitability or valuation of the properties.