A BIG advantage of these is that we didn't have to fully open walls or run ducting to place heating/Cooling units on both floors.

I might be tempted to walk my butt into the owner's office -- does that LOOK like a place the owner spends 70 hours a week (lots of personal items on the walls?

You never know how much damage the termites have done until you start tearing into walls/floors....can get expensive fast.Location is the only thing that cannot be fixed, and you said this property was in a "really good location". 

Inspect all flashings at all penetrations and curbs, including pipes, skylights, walls, etc.5.

If it turns out to be a broken pipe in a wall or ceiling (likely here where we have freezing to worry about), then a few hundred is about right for the plumbing and sheetrock.

My guys were also able to remedy the basement wall that looked like it was going to cave in when I bought it for a discount How did you finance this deal?

Good luck I agree with you, there will be a lot that will be missing on the resale or many different walls to get around to sell.

He also broke two things that were hanging on the wall which he did not offer to pay for.

I have a tenant whose condo suffered a major roof leak, which caused internal dry wall and related damage.

Samuel Stebbins and Grant Suneson, 24/7 Wall Street Published 6:00 a.m.