I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

To me at my current knowledge level, this deal only works if taking over the loan - to limit the out of pocket money to acquire the property since the outside reno and new septic would take up the bulk of rehab costs. 

@Caleb Christopher @Beth JohnsonTypically how much does that cost?

My current lawyer has been a little hard to reach out. could you please let me know about how much is the cost?

If you are organized enough to forsee hang ups and talk with your GC about potential challenges on a regular basis, two brains are better than one.

My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.

The biggest factors, from what I can tell, are age and rebuild cost. 

Partnering with local experts who understand zoning, permitting, and market nuances can help you avoid costly mistakes and maximize returns.If you're in a high-cost area, out-of-state investing can provide access to markets with better entry points and higher ROI potential.

Many times they will hold back the renovation costs in escrow and release once you’ve shown the renovated unit and leased it.  

The changes that have occurred in the past year is making sure the comps are truly there, getting the material costs down (or accurate) number with changes all the time on costs. 3.