The previous owner did an extensive rehab including the electrical system, but we know we will still find issues- one thing on my list is replacing the floor tile on a small stairway landing, the inspector said it probably has asbestos in it but we wouldn't know for sure until it has been replaced.

I had a contractor to come and remove the carpeting in the stairway and the entire downstairs.

The egress (emergency fire exit) for both units are not up to code because the stairway is too narrow.

Some problems we have known about since the first walk-through and that would likely cost us money in the near future are:The stairway from the first floor into the basement must be rebuiltNew windows must be installed in the third floor for better airflow in the summerBaseboard electric heating will need to be installed on the third floorSome rehab/repairs need to be done on the eaves and soffitsSemi-circle steel barriers should be installed outside of the basement windows and we should eventually replace the old basement windows with glass block windows.

We currently have a stairway access down to our lake shore area we use  otherwise.

I don’t see why this would be any more of a liability than many properties with stairways.

This can include stairways.

The house I am purchasing is halfway down the road and both units are 2 BR 2 BA with a stairway to an unfinished attic (which I'd like to finish at some point for a 3rd unit) for the upper unit, and full unfinished basement as a shared space.

Is there a door at the top or bottom of the stairway that can be locked?

Complete a kitchen and walk-out stairway in the basement in existing home and rent the main home as an upper unit and lower unit or by room.Financing:We owe $148k and the current home is valued around $225k.