We will use some off white/muted grey wall colors, grey tile, white cabinets, and light grey granite countertops in the kitchen and baths.On the exterior, we are planning to replace the roofs on all buildings with 40 year architectural shingles and paint the exterior a complimentary color which will be create a sense of place and setting in the woods surrounding the home.The most challenging part of this flip will be removing the trees around the house. 

Here is the breakdown: Demo: 1800 (not sure what all this includes as aside from a toilet, it is an empty shell) Electrical 9.500, Hvac 10,000, Plumbing $8,500, Misc/carpentry-$1200, Drywall-$5000 Interior paint/plaster repair $1900, Insulation $4,500, Exterior doors/windows-$9,000, Siding to repair damaged area only $1500 (this is a very small area).

The tile on my own home is probably about an inch thick and made of concrete so I doubt any hail would damage it and there much less chance wind will blow it off as opposed to light asphalt shingles.If I decide to move there I will be installing tile on my roof, I did see some houses there with tile but most of them were million dollar plus homes.

Hi Jason,I think you might be on track to hold on and get some equity gain over a few years as opposed to selling right now.

With this agreement, after stabilizing the property, I can go to a lender as an owner, as opposed to a buyer and get approve for 75-80% refinance and cash seller out.

It was going to need exterior paint and some TLC in the next few years.

There is also a spot on the back of the house where some of the brick on the exterior is shifted down near the foundation.

The block had 8 vacant lots all of which new construction were built on.This 2/1 is now one of the smaller units on the block but nestled amongst some very new homes, so if I can mirror the exterior to the new constructions, I can borrow their curb appeal.Anyhow, aside from that, it has interior fire damage making in uninhabitable.

@Will Barnard - thanks for the answer. the only thing to consider is, since this a condo - all exterior expenses are covered by the Association.

The $6500 is including a new roof, new drywall in 20% of the house, T111 on the exterior (small patch job), new fixtures and faceplates, and many more to name.