There will be dead space unusable, unless I remove the back wall to open to the  the  garage to add a little to garage space, which does not add much value to the house;Add a sliding farm door  to cover it and convert the nook into a closet.

  :)  Don't paint any forced-air ducts or the flues from gas appliances, though.If you have any gas appliances down there, be careful about building them into closets or other small spaces. 

- electrical box is 2nd living room- attic sealed off due to I believe animals living in it (due to crack between chimney and roof)Cosmetic Upgrades:- repaint int/ext- replace trim (looks like a bad job, DIY style)- shed removal- carpet throughout- new tile in kitchen and front walk way- need to do something with that heat source in 2nd living room (don't like the fireplace much)- deck restoration- fix cracks in drywall- tub liner- replace countertops- fix chimney /bowed roof- window sill replacements- fix slop of floor in kitchen (some how)- closet doors and a lot of wood work needs to be fixedProbably missing a bunch of stuff but the things that really concern me are the slant in the kitchen and the gap between chimney and roof.Thanks for the help, let me know what you guys think.Here are some pictures I took today:

If you have a few rentals, then a portable room air conditioner is a good investment for these situations.

This usually doesn't happen here any more with banks since there is such competition here at this time (but we found extensive damage that was hidden such as the roof having three layers of roofing, the bottom which was cedar shake with ZERO sheeting at all).Pre-purchase: 2bed/1bath 800 sqft finished living space with an unfinished 720sqft basementAfter Rehab: 3bed/2bath 1520 sqft finished living spaceRehab consisted of: demo, re-wire entire house, move electrical panel and update, roof, siding, hardwoods installed, build new bath in basement, add master bedroom in basement, add washer dryer closet in basement, remove upstairs wall and add beams, remove addition in back and rebuild deck, fencing, landscaping, EVERYTHING, you get the idea.This house did take a full month longer for rehab then anticipated, but it all worked out in the end.The Bad: Budgeted 75k for rehab, ended up 88k, anticipated 60day rehab, took 90days, termites, no HVAC where we thought, Water heater was leased so it got removed after buying it (didn't know that), had to fire a contractor and have others fix his bad work, bath tubs were lain incorrectly and was not discovered until we were ready for tile...The Good: House turned out WAY better than thought, the additional time for rehab gave time for neighborhood market to increase as well, low inventory at time of listing, sold in 4 days.Numbers:  Purchase: $165k (CASH)Rehab: $88kHolding costs: roughly $2500All selling/closing/realtor/staging/misc: $35kSelling Price: $369,000 with no concessionsNet Profit roughly:  $82,556

I bought him a portable cement mixer for $2,500 to use on my house since he would have to rent for $150 per day. 

It already has AC-heating ventilation, electrical outlets and a closet.

Imagine a stench of cat urine throughout the house, dried cat feces in a front room closet and on the back porch, unwashed roasting pans left in the warming drawer of the stove, etc. 

The difference between an illegal apartment and an office is I took out the stove in the kitchen, replaced the big fridge to a small fridge, and took out the bathtub and put in a closet.

The master is separated from the other two bedrooms by a laundry room, and a linen closet, plus a recessed entry.