It will need new kitchen flooring, new kitchen countertops/sink, possibly new kitchen appliances although I can probably make by with what is there, new vanity and bathroom sink, new bathroom floor, paint, new carpet, new doors, new vents and outlets, and thorough cleaning.Should I try to get a clean up crew in there to get rid of the junk (left behind by the movers).

@Capricia Almanzar I saw recently in December a university group ASEZ, clean up three streets in newburgh I believe it was in late December, the idea is that with cleaning up city streets it will reduce crime and overall make a better community.

You'll also need electricity, not only to probably do some of the clean up but you'll want to be able to turn on lights, etc. when showing the property. 

If that's truly the case then why aren't these complainers already in property management, if they're as good as they say they'd clean up (Note that as apartment investors grow their portfolios, owning a property management company typically becomes more efficient than hiring outside companies).

It's hard work to go thru this but you'll soon see that your cash will be depleted in month x, ramp-up is slower than anticipated, and spending $10,000 on a guru course in month 1 was a waste. :-)That's your plan.

Conventional will require at least 1 yrs returns as a SE borrower (with qualifying income), as you already know, but even without a return, you will need to provide that info through bank statements, asset depletion schedule, CPA produced income statement...something. 

In the process of pursuing a duplex in with the seller carrying a note no money down, amortized over 30 years due in 3.Price: $60kPITI $540#1 unit Rented $600#2 unit vacant needs clean up - Rent for $600 / $650Both units are subdivided with separate parcels and can be sold separately as an option.Appreciate feedback on what you think the best exit strategy would be.  

Maybe consider doing a few flips to build up capital and clean up your credit.

There are many solutions that you can do yourself.There are some that you never want to do yourself.The EPA guidance on mold issues is here:  http://epa.gov/mold/moldguide.htmlThe digital copy of the same information is here: http://epa.gov/mold/pdfs/moldguide.pdfThis document does not help you estimate costs for repairs, but does help you see through the "smoke screen" that many remediation companies will put up when talking about mold in homes.In spite of what John D. recommended in his response above, the use of a chemical or biocide that kills organisms such as mold (chlorine bleach, for example) is not recommended as a routine practice during mold cleanup.  

Also thanks to J Scott's estimator worksheet Estimated ARV: We went conservative - $75kCurrently listed (as of 10/17) for $87.5kRehab Details:Remove old carport and porchRebuild and reface deckreplace both BathsNew flooring throughoutFix siding, paint exteriorDrywall work, paint and baseboards throughoutHeavy landscape cleanup, gravel, etcAppliances, cooling/heating and inside electrical were all good to goKitchen could have used an update but was in good shape and at this price point was just right for the area.So this is less of a diary than it is a summary but we still have to sell!