The repair was completed to the plumbing, so my brother began to patch and spackle the bathroom ceiling.

Other thing that may need quick attention is the roof, while you can do patches, a lot of retrofitting will cost you more in the long haul (+$7/sqft.). 

Their contract technically renews in April.The property management company did a moveout inspection and found the total cost to get in the market (mostly paint and patch) will be $6100 (I feel this is high).My question is should I invest $6100 to get another renter in place and wait till I get it appraise upto $200K and sell?

There’s one in California called Patch of Land, which has a 30 year loan that’s based only on the LTV, your credit score and your rent roll.

Told him to leave ill do it myself.)Bad sill plate on rear corner (contractor)Replace front porch postsBuild backporch stepsDemo barnInstalling concrete footers under home, laying block and shimming to your jacked levelSetting house back down on blocks and reattaching to foundationRemove floor and portions of subfloor in kitchen & back porch and replacement Window repairTemporary power pole (electrician)Electrical service upgrade, outlet replacement and GFCI Install (mix of Electrician and us)Label panels (electrician)All exposed wiring must be protected (basically just replaced all of it)Replace missing light fixtures (new fans throughout)Build wall in living room to convert to 3rdbedroomRe plumb house and pressure test plumbing (plumber)Install smoke detectors hardwired to meet code (electrician)Water Heater electrical line, and core discharge for water heater under house (plumber)Tear out Old ac unit under houseWindow screensWindow locksBackflow prevention valve (plumber)Fart fan ventilation for bathroomApproved Address Number DisplayedFlaking paint abatement interiorClothes Dryer exhaustPaint Untreated woodRemove all debris, Remove old tiresRemove chain link fenceTreat house for black antsPoly floorsMud and paint wallsAppliancesDoors/locks.Roof patch, remove 12x24 section, cut out rot, sister in new beams, put new plywood & shinglesPiles and piles of new electrical wiring (electrician/us)Sand all walls and spray texture ceiling and walls with joint compoundPaint whole house inside and outNew trim everywhere.Sand the every living hell out of the floors (100 hours of labor + help)Gutters and french drainNew mailboxA/c Unit.

. - require 5 to 7k in rehab cost (full paint, partial floor/carpeting, reglaze tubs, patch drywall, and washer and dryer)Projected condition:- ARV 215k- Market rent $1450 to $1575- possibly offering it as a lease option to help the spread between mortgage and rent.

I currently have two on Patch of Land that have defaulted >90 days ago (i.e. before Covid) from their repeat borrowers, and the best I can get from PoL is 'we are trying and you may or may not get any money back' to paraphrase.

There will be some light patching and texture matching.

The seller tried to be cheap by doing patch up work on the roof but in the end, the problem only became worse so he lost half the tenants.

Sent contractors in and they found 3 gas leaks but then had to open up walls in those 3 places, patch gas line, then re dry wall and paint.