Whenever I can I do tile I do tile as it’s by far the strongest longest lasting surface. 

Tapping into our own and our networks' expertise, consider holding seminar(s), online and/or in person to provide information on things like:-  involving our favorite real estate agents to give people general guidance on:-  where/how to find long-term temporary housing or purchase a new home, and what they can do with lots they may not want to rebuild on-  how to know what fair market value is right now for purchases-  providing guidance on how to watch out for the scavengers that may surface. 

@Justin Vaughan- the 1% rule is a general rule of thumb used to determine if a particular deal is a good one for an investment property on the surface.

Asking price $36,900 + repairs $14,000 = $51K1) Repair all roof leaks $ 475.002) Replace all rotted fascia and soffit $ 325.003) Prep all previously painted exterior surfaces and seal gaps between to materials.

Thanks all for the discussion and feedback, very helpful for me as this issue just recently surfaced for us.

@Tom Keith everything looks good to me on the surface my only concern is the rehab budget.

If its just surface mold on the sheetrock a good mold/mildew cleaner and some paint will do it. 

"North Newark" is helpful, but those areas can vary so wildly that it's important to get as granular as possible with the location -- down to the specific block.On the surface, the numbers seem attractive, but that will be highly dependent on the exact location.

I would tile or solid surface (corian) the window opening.

It's a bank REO, it has sat for a while with standing water in the basement so there is surface mold throughout.