the two best tests are the sniff test and the mirror test.  

Sample Project PlanDescriptionStart DateCompletion DateFinalize Architect, ScopeGet Bids and Finalize on contractorsGet Requried PermitsKick off RehabDemolitionBathroom FramingKitchen FramingPlumbing rough inElectric Rough inInitial Electric and Plumbing InspectionDrywall and tapingPainting Drywall workFinish work (Install Cabinets, Bathrooms etc)Painting & FlooringFinal InspectionSample Costing SheetDescriptionVendorLaborMaterialPreparation/Overall/General WorkElectric panel upgradeAppliancesHardwood Floor Refinish (Remove Carpet, Refenish wood) and install base boards/TrimsWindows All over the housePainting Whole House, Re finish DoorsRoof Fix upDemolition Work whole houseLiving Room/Dinning RoomInstall new Tiles in EntranceInstall LocksRefinish the Entrance ClosetRepair/Change Screen DoorChange Entrance LightChange Dinning Area LightReplace all vent covers and return CoversKitchen & Hearth RoomDemo Kitchen, Remove tiles, Remove Wall in Hearth Room, Open up Pantry for Refrigerator, Remove Soffit, Necessary Repair and finish up Drywall etc.Kitchen CabinetsGranite Counter topSink/FaucetsBack SplashInstall tiles in Kitchen and Hearth roomBathroom 1 (Master/Old)Remove tiles wall and FlooringNew Vanity, toilet, Mirror and Lighting, Bath tubRehab TeamNamePhoneResponsibility/OwnershipPlumbingElectric and Bathrooms and bedroomsDemo, Other BasementKitchen and HearthroomPainting and RoofingWindowsLandscapingArchitectFlooring

Clearing land to make large backyard useable, minimum work on front deck, rip out breezeway, blacktop driveway for cleaner exits, figure a mirror system or camera system to see over hill. 

and it has been seemingly deleted by one of the moderators; the link I've included in this hyperlink is the exact link to my reply.

I am going to mirror what most other have already said.

I would mirror the comment above - if you are asking for guidance on a job this big that should be a hint. 

That I can take over the mortgage payment(mirroring the note) and pay the back payments that the owner owes.

., and where real estate transactions and protections mirror those that are in the United States.  

You can start by spending a few hours ever week on Zillow, Redfin, or some other MLS mirror and browsing the last 3 months of "sold" inventory.2.

Supposedly this is how Congress decided to protect us from ourselvesMore accurately, this is how Fannie/Congress can point the finger at us rather than look in the mirror before doing so.