I know every rehab is different and there could be a rotting sub-floor waiting to be discovered that will change the price and thus the profits.  

Painting, carpet, and light fixtures are low-cost items compared to termites, roof, plumbing, wood rot, electrical, HVAC, and foundation issues.

It included similar "loss of rental income", same liability limits, included building code upgrade, vandalism and even 10% for water damage and 5K for rot.  

The combination of rotting food, rat droppings, and general decay was overwhelming.

These are large once-expensive homes that are now rotting on parcels of land that nobody wants.

How do you know there isn't an unreported water leak rotting out the floors?

Quote from @Ryan White: Its listed for $29k but going to offer 10k.it needs a complete rebuild, floors are gone, including the joists all rot under the walls, termites damage up the wall framing on one end that i can see, roof as well needs replaced. the flooring is the main thing im worried about, like do you have to take down the whole frame of the house to replace all the joists? 

-inspected crawl space -replaced wood deck rail that was rotted and re-painted deck (last painted 3 years ago)-soaked shower heads in CLR-added fresh sand in paver patio-changed home air filter and left new renters with 3 new filtersAnything else you do regularly to your rental properties??

But I would definitely get it removed asap because you said it was rotting and looks like it’s going to fall over.

But if you go to the guy down the road with the rotting Pinto in his driveway, he'll jump at the offer.