Worse case, I'm looking at a 10 year cap.My question - update the unit, my priority being to add a bathroom (the biggest bang for buck) which may or may not require moving a wall or just give it a fresh coat of paint and see who bites.The first option will be the most money with a potential rental upside, though not what I would have gotten a in Jan or Feb. 

Spent 8 hours on Sunday installing baseboard in all the rooms that have the hardwood floor before they put down the last coat of polyurethane.

@Jacob Coates @Sam ThompsonThank you for the kind words.

If it just needs a coat of paint, then it's a smoking hot deal.

I think a lighter coat of paint is also a good idea but I'm just not to sure how light to go. the skimpy windows are totally out of place and need to be improved.

The interior was badly stained with tobacco so I paid painters to do 3 coats of interior oil-based primer and neutral gray in the other rooms.

One question that you could ask is when the skim coating was done. 

@David BarnettTo answer some of your questionsI will probably just replace the water heater and the house exterior needs a new coat of paint.

I recommend getting no less than 4mm thickness. 5mm is better, but the thicker, the more expensive.

I spray them with a couple coats of polyurethane and add a stainless steel knob.