Looks like it needs flooring, paint, countertops, cabinet refinishing (or replacement), roof repair, dry rot repair, maybe foundation repair, lots of wall repair, and possibly plumbing/electrical repair (nothing can be seen in the photos but common in that area).I agree with @Dylan Vargas that there is no money to be made in flipping this property based on your numbers. 

We were still a bit wary of the big dog being in a small space that we had just renovated and refinished the floors on, but they seemed like a nice enough couple. 

New siding, windows, refinished the hardwood floors and added new flooring, extensive drywall repair and a new kitchen What was the outcome?

New siding, windows, refinished the hardwood floors and added new flooring, extensive drywall repair and a new kitchen What was the outcome?

New siding, windows, refinished the hardwood floors and added new flooring, extensive drywall repair and a new kitchen What was the outcome?

Hey guys thank you for the feed back, great questions @jasen really I only need to do floor refinishing paint and small drywall repairs, replace appliances and some landscaping it helps a lot that I’m also a general contractor so I can ball park the repair cost very close.

It took two months to get resolved and the tenant left the property so dirty I had to replay all the flooring..Including a nice bamboo floor, paint everything because the non smoking property was so gritted up from pot smokers, and strip and refinish the kitchen cabinets because there was so much grease on them it was like a rendering plant that had never been cleaned before.Maintenance — contractors can be contractors and the PM really do nothing to hold them accountableFollow up — they do not follow up on anything unless it creates revenue for them.  

Purchase price: $55,000 Cash invested: $55,000 Sale price: $174,900 EMERSON HEIGHTS FLIP -- Indianapolis, IN- Two month project- Complete renovation of whole house >New Kitchen >New bathroom (second full bathroom added on second floor) >Refinished hardwood floors throughout main floor >New carpet upstairs >Modern paint inside and outFinal picture is the newly added bathroom on the upstairs master.

Completely renovated with refinished original hardwood floors, fresh interior and exterior paint, granite counter tops, and oil bronzed fixtures.

@Jill Buhrfiend if the laminate is still in decent shape, it can be refinished.