If that is the case then that is considered cost of doing business and I would advise that should be calculated in your costs/returns you provide to the investor.IF you are referring to the investor who is the borrower - then I would have included that cost in the loan agreement.

They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.

I've added a few things for very minimal cost that guests really love and increased revenue ~34% year over year.

Then there is the time element with holding costs.

I'm thinking of doing this myself and trying to determine what this is going to cost me.

Should I go through with taking ownership of the property and try to salvage it for profit or do I refrain from even involving myself in the situation as it may cost more than it's worth to save it?

I had to go that far away due to the insane cost of real estate in Boston, so I fully understand the predicament.

Do you have a total price range you're looking for, or maybe a cost/door?

Sometimes you can get the school district population.Right now the cost to build is to high for C markets.  

The only way to know if your idea is worth doing from a wealth building standpoint is to do the math:  What is the cost to acquire?