I would certainly get more accurate estimates on the repairs before closing, but I already know the roof needs to be replaced as well as some potential foundation repair due to moisture issues. 

Put A little over $100,000 into renovations, mainly solidifying the property against hurricanes with impact windows & doors and a metal roof, but also some cosmetic stuff like floors, lighting and paint, etc.

Your roof and exterior material?

I've worked with this lender several times before, but always on single family new construction.I'm building 2 town homes under a single roof, on a single parcel of land. 

In Philadelphia in-fill development remains popular but the numbers don't pencil too well unless you are in well established neighbohroods.

Hard money or private equity lender who you have established a relationship with.How do you keep costs manageable?

Sale price: $175,000 Key Features & Upgrades-New roof, fresh interior & exterior paint-Luxury Vinyl Plank (LVP) flooring throughout-New doors with updated locksets-Rekeyed locks & updated hardware-New kitchen cabinets & quartz countertops-Updated bathrooms with tiled tub surrounds, new vanities & toilets-New light fixtures & mini blinds-Full HVAC replacement (686) & condenser/A-coil (688)-New water heaters, plumbing updates & landscaping

My buy box is turnkey sfh 3/1 or small multi newer major utilities and roof.

Additionally, they must meet both regional and national requirements established by the U.S.

New roof, new kitchen, new flooring, new HVAC overhaul, landscaping, fencing, painting exterior and interior.