It is a small 900 sq ft house and would need a new roof, structural repairs, new kitchen, bathroom, floors.  

A subset of MFR is SRO (Single Room Occupancy or boarding houses, which usually involves shared kitchens and bathrooms, but private bedrooms).

Heavy mold in the bathroom & vent no-one would touch it.

In order to make the deal profitable on my end, I would want to remove the kitchen in the third floor, leave the current 3rd floor bathroom and bedroom and legally combine it with the 2nd floor unit via the existing stair case making a 2-floor 3 bed 2 bath unit.

Onyx 60" double sink vanity top $175. 60" Vanity base $150.

condition for anywhere remotely close to 10 grand, even if it sold for $1.00, which we've had city owned tax foreclosures sell for already.Now, for me personally as I work in the $250k and up (fixed up selling price) range and my main focus now is one which selling for $1M once done would be a real "fire sale" IMO, well $10k is not much more than I'm spending on the stone and supplies (not labor, not multi function shower, not big double vanity with quartz top, etc) for just the master bathroom. 

The flooring is only needing urethane and the bathrooms to put back original with claw feet tubs and period things should run 5 each as I am an experienced do it myself person.Here in Atlanta I bought and 8000 square foot home in grant park 709 Cherokee over looking the park it had not been lived in since the 40s I had to remove all the lathe exterior and all electric and rebuild it completely I did most all this by myself and sold it close to 900k paid 320 renovation was around 120.

There is also an old (80's style) custom fit vanity in the master bathroom area..

I posted earlier this month about a tenant that was unhappy with the length of time a bathroom repair was taking and made mention of not paying the rent. 

A 4 Bedroom, 2 Bathroom, VA Foreclosure that just hit the street.