May be a pipe dream though. 

Probably won't be any amazing deals, since he's not under pressure to sell, but might be worth a look if you exhaust what you can find yourself.

The property was unlivable at the time, broken water pipes, frozen boiler and water damage.

My contractor is estimating around $1,000 to replace that section of pipe. 

Are you sure you need to re-pipe?

Just keep in mind that if it is an older house with cast iron pipes and you lift the foundation, those pipes are likely to break and need replacing - partial or a complete repipe. 

For some piping and drywall work.???

The builder says it is fixed (the builder patched the roof, replaced a tile, dried the walls using fan), but the leak detection test still identified elevated moisture levels in the walls and they couldn't pinpoint the source of the leak (There was no leaks in the pipes)

Budget 10% of annual rent for this but you get full service help and no late night calls about a pipe bursting. 3) List it yourself on places like Zillow, Facebook, and other real estate sites.

I may never buy a building with iron pipes again Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?