I'm in the middle of reconditioning.

These [This] district should be located only where all necessary public utilities are available and where transportation systems are adequate.Uses permitted by right:Aquaculture.Automobile assembling, disassembling, painting, upholstering, repairing, rebuilding, reconditioning, body and fender work, truck repairing or overhauling, tire retreading or battery manufacture.Building materials sales and service yards.Commercial kennels.Contractors equipment and storage yards.Convenience center.Convenience store.Data and computer services centers.Fleet parking.Flex office.General office uses.Hotel.Laboratory, research and testing.Light industrial uses.Light manufacturing uses.Machinery sales and service.Microbrewery in accordance with subsection 28-39(w).Motor vehicle rental.Parking and storage of tractor trailers.Printing, publishing, engraving.Public facilities/utilities but not including propane and heating fuel distribution facilities, generating facilities, substations, switching stations and wastewater treatment facilities which are permitted as a conditional use permit.Public parking lot.Public works excluding wastewater treatment facilities.Railroad sidings.Restaurants without drive-through.School, vocational.Selected indoor recreational enterprises within industrial parks.Storage warehouse.Veterinary clinic.Vocational school.Warehousing, mini-storage.Welding or machine shops (including the use of punch presses not to exceed fifty (50) tons rated capacity).Wholesale business.Conditional use permit:Adult business.Airport, private.Boat sales.Brewery.Clinic, medical and dental.Communication facility.Distillery.Drive-through.Dwelling for watchman or caretaker on-premises.Low intensity commercial retail not otherwise listed.Medium intensity commercial retail not otherwise listed.Microbrewery, in accordance with subsection 28-39(w), with facilities for events such as weddings, parties, and/or events with two hundred (200) or more attendees.Motor vehicle sales.Other light industrial and manufacturing uses not otherwise listed for this district.Place of worship.Public facilities/utilities for propane and heating fuel distribution facilities, generating facilities, substations, switching stations and wastewater treatment facilities (except for the expansion or modification to a wastewater treatment facilities existing prior to October 17, 2006).Recycling facilities.School.School, industrial.Truck stop.Vehicle fuel sales.Here are some questions I have:1.

I asked my agent to see if we can get the full 8k but I'd really like the seller to fix it and keep the price as is.Does anyone here have any experience or reconditions for this situation?

Not knowing the payoff means not knowing what a price might be of if it would be a short sale.Saying it needs more than lipstick does give us a cost of rehab.Not knowing comps, the details of the area I can't guess at an ARV.Under the borrower's Deed of Trust, abandonment, the lender has every right to secure the property and protect their collateral, which it sounds like what they did.If it won't appraise for the payoff, you do need to get with a short sale Realtor with experience.Not knowing your abilities of rehabbing (I'm guessing you'll get a GC) I can't suggest anything specifically, but you might look at improvements on a grander scale if there are say, $200/225K comps, taking the property beyond the $165K you're thinking it would be in it's reconditioned state as the original house.

The cost to re-tenant and recondition that unit is likely substantial and will take along time to make back.When you can't verify things as a buyer the price starts dropping and dropping.

Our office will generally offer a lease termination for 2 months rent (ample time to recondition, market, and lease the property.)

It usally flush the bottom feeders out and allows me to recondition the vacant aparments.

Painting countertops is a good way to recondition for not much money.

If you are turning over poor tenants every year, you will be spending far more than $1,500-4000 over the next 2-3 years on reconditioning and vacancies.

Based on some reconditions on BP, I've started using Cozy for screening, applications and rent collections.