@James Cress, it looks like a seller is required to disclose defects they know about in Kentucky.

Building has to be demolished and built from the ground up as there are many defects to it, So then they were going to renovate but decided it was too costly and time consuming,  he wants 200K so he can sail away from real estate but the property is not worth that asking price in the current condition.

Hire an inspector, it is their job to give you a report of all defects in the home.

Don't pay your tenant to make repairs at your property - if you do he's going to be looking for things to fix.I would state that the apartment is "as is" when he signed the lease and unless it's a legitimate defect (sink leaking, something broke, etc) then no changes will be made.

This is to ensure that both the buyer and the seller have a clear understanding of the condition of the property and its value.The property inspection is typically conducted by a professional home inspector, who will examine the property to identify any defects or issues that may need to be addressed.

There is also some moisture stains in the roof.Wires on the outside of the house seems to be defective.

Do the research, take the pictures and do a walk-through video, disclose the material defects, get the bids, run the numbers and present your case. 

@Federico Gutierrez My agent put in there for a particular reason, the house has no major defects, is POS compliant, and completely remodeled.

Would the buyer order the home inspection to ensure that there are no major structural defects in the property (ie: plumbing)?

Initials: _______b.Tenant agrees to pay for clearing the sewer drains of the Premises of any and all stoppages, except for those stoppages which the Landlord will agree were caused by defective plumbing, tree roots, acts of nature, or which are declared in writing to have been so caused by the plumber or other person who is called to clear the stoppage.