Hey @Audrey Sommer, is this in regards to overall condition of the home or highest-best-use of a property for investing?

I'm use to a move-in inspection documenting the condition of everything at time of move-in. 

We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

When I spoke with a real estate professional, she said the home would probably sell for around $250k in its current condition.

Wondering if I should even do it myself or hire a lawyer to set this up for me to the tune of $3000 includes titles etc OTD. 

I've never had to use hard money before, so I am not sure what type of conditions are reasonable.

Quote from @Melissa Stanley: I’m hoping to purchase a few properties with a friend/business partner but after meeting with a lawyer am even more confused.

Abatement will be based off the condition of the lead-paint within the home.

Quote from @V.G Jason: I'd partner with a lawyer that can help put some contractual language on the downside of working with contractors and real estate agents.I'd also partner with a RE brokerage firm that clearly understands your goals. 

Quote from @Joe Hershkowitz: Quote from @Brandon Morgan: @Joe Hershkowitz yeah I think it depends on the condition of the home and the location.