They extensively damaged the property from floor to ceiling.  

You have the mortgage, taxes, insurance, maintenance, capital expenditures (roof, flooring, etc.), and also need to consider the cost of vacancies or bad tenants.I also recommend you charge market rate, for yourself and the tenant.

Need a lender who understands that clean title will only occur on the day of closing.

The 6.8 was some 65 miles south of me, I was on the 2nd floor of an office building that shook so hard for a minute that people were having problems staying standing up.

Not to mention that night I slept on the floor of that flip house, I could see all the work that wasnt done, wasnt done to code, and was done poorly.  

i.e. paint, flooring, cabinets, tile, etc.  

Namely, appliances, flooring, furnishings and updates. 

There thinking some clean-up-fairy comes swooping in with a broom, washes the ashes away and then Bob The Builder n all his friends comes hot on the hells, Bing-Bang-Boom all is rebuilt and were singing kumbayas by Christmas.......Reality is it took about 10 years to rebuild post katrina. 

Or should I just have them install another meter for the third floor to avoid any potential issues going forward. 

This is the renovation criteria I use in order to make sure the place is clean, safe and actually ready to rent. https://docs.google.com/document/d/1MreMNvXxPZy7AaqMGMFPVunQ...