Shingles and decking boards.. if it wasn’t for my inspector almost falling through into the attic space I would have never known the decking boards were the old-school, super thin decking boards.

The $25K includes this basic scope: sidewalk repair, new porch floor, painting, new cabinets in kitchen, relocate kitchen plumbing (since I'm flipping the plan), renovate bathroom, replace small back deck, finish roof shingle work (they got half way through new shingles) add new front door and 2 windows.  

I again was trying to help in offering my opinion that she needed to think/budget for a new roof, and sent her down pictures of how someone had used the wrong product to silicon/caulk her roof shingles...  

For instance, I’ve gathered that getting the 30 yard dump skid on site by 10am the morning after close is more or less important to many so demo can be done by day 3 leading right into when the roofing crew shows up and hopefully done and out by day 5 so they aren’t  throwing shingles or tile on everyone..  

Foundation is solid, brick is good, shingles are good, flashing needs replaced around four chimneys and should be done prior to closing.

The common wall usually has flashing up top where the shingles are so you can re roof one half of the property without disturbing the other, I have seen them painted with different colors right down the middle and yes if you meticulously keep your yard and he doesn't there's nothing you can do.

This isn't necessarily a problem but with asphalt shingles can lead to their failing earlier than normal.I can't speak to the cost and rehab benefits obviously, but like I said It will probably go quite a ways to ensuring that space stays cool.

After Repair Value: $130,000Closing Costs at time of purchase: $2929Monthly Holding Costs: $1,370Interest Payments: $570Property Taxes: $620Electricity: $50Water: $30Insurance $100Number of months holding costs: 9Total carrying costs: $21,889Repairs $47,242 + 10% Contingency = $51,966 TASK UNIT Materials Needed Line Item Cost Asphalt Shingles Per Square 20 $4,400.00 Aluminum Gutter Per LF 150 $675.00 Pressure Wash Per House 1 $150.00 Vinyl Siding Per Square 1 $265.00 Paint Exterior Per Floor SF 100 $137.50 Lawn Maintenance Per 1/4 Acre 2 $70.00 Trim Bushes Per Yard 3 $120.00 Remove Tree Per Tree $1,000.00 Fix Foundation Wall Per LF 60 $9,000.00 Roll-Off Dumpster Dumpster 1 $350.00 Full Demo Per SF 2400 $960.00 Service Call Per Hour 8 $680.00 Natural Gas Hot Water Heater - 50 Gallon Per House 1 $710.00 Replace All Supply Lines Per Fixture 5 $1,000.00 Install/Replace Tub Per Tub 1 $350.00 Build Tile Shower Per SF 70 $1,365.00 Kitchen Sink Per Sink 1 $120.00 Bathroom Sink Per Sink 2 $140.00 Kitchen Faucet Per Sink 1 $90.00 Bathroom Faucet Per Sink 2 $140.00 Trim Kit Only Per Tub 1 $130.00 Install/Replace Toilet Per Toilet 2 $340.00 Install Dishwasher Per House 1 $430.00 Install Can Light Per Can 10 $650.00 Replace Furnace Per Unit 1 $1,100.00 Loose-Fill Insulation Per SF 100 $100.00 Wall Board Per SF 1000 $1,160.00 Exterior Door Per Door 1 $800.00 Interior Door Per Door 10 $1,700.00 Replace Window Per Window 10 $2,000.00 Repaint Per Floor SF 1400 $3,150.00 Install Kitchen Cabinets Per linear inch 240 $2,040.00 25" Vanity Per Vanity 2 $300.00 Granite Countertops Per SF 50 $1,600.00 Install Carpet/Pad Per SY 45 $180.00 Carpet+Pad Material Per SF 400 $700.00 Install Laminate Wood Per SF 1300 $3,250.00 Install Tile Per SF 100 $550.00 Permits Per House 1 $200.00 Refrigerator Per Appliance 1 $1,100.00 Range Per Appliance 1 $900.00 Dishwasher Per Appliance 1 $700.00 Microwave Per Appliance 1 $440.00 Washer/Dryer Set Per Set 1 $2,000.00 Commission to Realtor at time of Sale 7% - $9,100Offer Price: $32,000 Potential Profit: $23,044

I think I could deal with quantifying the damage and adjusting my offer and walking away if he didn't take it - but now I'm worried the termites might have gotten under the shingles and perhaps there is a lot more damage that we can't see. 

. * Tear off slate roof and lay new asphalt shingles, 16 square total - $180/square plus any extra wood decking that has to be added.