You can also assess a dollar amount that you value the cost of these requests to be, and ask for these as a discount from the purchase price or a concession to you for closing costs. 

I’m estimating renovation costs at around $150,000.

It costs the same amount to replace a roof or furnace whether the house is worth $300k or $30k (assuming a similar size).

The cost of moving is around $1,000.

The forms are online, and it costs $100 per filing. 

A deal that’s “close” but not quite right can still cost you big.

Taxes, costs, eviction complexity, etc are going to be a much bigger factor in your success than anything else.

Keep in mind the potential for higher renovation costs due to older properties and the local landlord-tenant laws.Good luck! 

if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. . 

Trying to get a # from him about estimated remaining cost but got nothing.