There is another offer that went stale from COVID that was in the "mid-300s".When I walked the property, I noticed a number of issues with the property that would come up at inspection at which time I would ask for a price deduct; I estimated this around $27k (needs boiler, new electric service, old foundation that needs demo, underground oil tank...)Should I consider those deduction in my initial offer or should I wait until we are under contract and allow the inspection report to bring them up?

A contractor I use was telling me about an electrical job he did where he bid to demo all knob and tube and run new electric on a high end flip.

You should also be able to ask for a mini demo and have them work through a few accounting tasks so you can see the similarities or differences.

Yang,What do you think about the area North of IUPUI campus and East of Marian University along Burdsal Parkway?

Removed walls in living room to make it more open concept ~$2.5k (we did demo)4.

@Leon Yang yeah he actually has two houses which I had my realtor perform comps and they both came out to 75000 each and he the seller is selling them for 39000 each.

After closing there was two weeks of demo and then a planned quick turnover for another place.  

You could find somebody pretty cheap to demo it in 1-2 days (not that much money); than you could put down whatever you wish.

General contractors, demo teams ... shoot me a line.

Make sure you see if them have a demo to test them and find out which one you like the best.