Rental grade cosmetic rehab- paint, carpet to go, hardwood underneath so polishing ,  install window/central AC and/or fencing depends on the rehab budget. roof, windows appears new. furnace, hot water heater in good condition, no fencing or central AC, basement and foundation in good condition (little moisture there though) waiting on contractor rehab estimate.Rent range - $695-750 . $750 if install central AC and fencing.

I have heard a few horror stories but we are very interested in this house, the price is great and it would make a good rental (or flip) property. it is close to home and requires mostly cosmetic fixes.

They have plausible deniability, because "how could I have known it was just a quick cosmetic hack by someone that isn't a licensed contractor?

Some may leave but this is your opportunity to do some cosmetic upgrades and get higher rents and better tenants.

Property has structural and cosmetic issues.

It could be cosmetic, but it also could be a much larger issue.

(Get a contractor that will work with you so you can piece out some other work.) ( I did cosmetic repairs myself and did not include it in the loan because any work done under the loan can not be done by you)2) min rehab budget of $5,000 and max of $35,000 for a streamline 203k which is what I did.

I've been a professional bodybuilder for 12 years, so my natural interest was physical rehabilitation and kinetics of the body, hence Orthopedic Surgery.

Look for things that need primarily cosmetic work but you may be able to do a roof , some Windows and siding and get a premium for your knowledge and build quick sweat equity.

Second, even though both units will need to be updated delay "cosmetic" repairs to your unit until you are ready to move out.