You're likely walking into a property with zero or negative equity.

Always expect more reno when you do a walk thru of occupied unit vs. once they vacate.

Do you want to take on the large project of a flip and sell, and walk away with a lump sum of capital, or do you want to buy and hold -- putting in the needed renovations to make it renter friendly and then getting a tenant into the property to pay off the asset?

@Christopher Villa @Kim Martin can you walk me through the process?

Maybe towards the lower end if the plumber can just walk in the basement door with the new one and take the old one out the same way, and towards the higher end if the thing is in the attic, or has to get carted down 2 flights of stairs, or similar.Also figure out how you are going to get rid of the old one. 

We like to have the ability to walk away from a deal if something goes south and typically will use the finance contingency.

If you are having an insurance inspection done, they'll most likely just walk the outside of the property so clean up any obvious things like trip hazards, broken roof shingles/tiles etc.

If he says 100% then walk away and find a new partner.

You likely turned a down payment of $26-65k (10-25%) + 36k to get it market ready into a walk away, after tax profit of $200k-ish in 3 years.

Adding the fake grass allows guests to use every square inch of our property and people love that they can continue there beach trip by feeling like they are walking on grass.Its obviously going to vary by area, location etc etc, for us it was the best 12k we ever spent from the look, guest experience and overall dollar for dollar its been great.