As to the "full value to the seller" that is more applicable to short sales, in which case you DO need to disclose in your purchase contract that you are an investor and you retain the right to sell the property for a profit.

There is no texture on the walls and doesn't look good.

Projected the numbers on the wall, tour, everything!

I heard he did but BP retained the mineral rights...

I wouldn't say the calls are to change a light bulb but somewhat more pressing like “I can see light thru an interior door at the top” or a hear a faint scratch in the wall by the attic, doorbell sticks, garage door is erratic.

Here is my current situation:Main residence appraised $122,000 (loan balance upon re-fi $75,000)Rehab property appraised $132,000 (purchased at $89,900)Combined Value $254,000Current Loan is $197,000 (including $34,350 construction component)We discussed keeping the mortgage balance at 80% of appraised value of my main residence upon the sale of the rehab project ($122k x.8= $97.6k) The process would encompass selling the rehab property and paying the loan balance to the 80% figure while retaining the difference acquired through the sale of the rehab...

@Chad Conrad Thank You I Forgot to mention that the interior of the house was completely redesign, only about 10 LF of wall was left  and about 60% of the exterior walls were left.

I would also recommend painting the walls.

Each unit also has partially finished basement (dry wall is up, needs paint, etc.), offering a huge amount of storage space. 

@Sharad M. quote to replace the surround is $375 but that includes repairing wall behind current surround that appears to be wet.still trying to determine why tub need to be replaced, we have a leak from the bathroom which has damaged hall below leading to first floor.apparently finish did not hold up from lasts years fix... waiting to hear from handyman on replacing tub. just trying to get options in place I have another property that will most likely need a bathtub and surround make over and liner insulation companies guard their price structure like top secret information.