Install a couple exterior lights and a fence if the security is that big a concern.

It's a 2 bd 1.5 bath condo in a B+ neighborhood that is likely to turn into an A-/A over the next 10 years due to light rail construction and a growing university population.

.$60k is definitely not in the budget.. is there anyone who may be able to shed some light on this situation?

I dont know how an inspection and appraisal will go with no light fixtures, sinks or toilets.

I will be giving him the reigns to handle and manage the work being done (Paint, flooring, light framing to add a kitchenette, separating utilities, and various finishes). 

You can also help this guy rig up an LCD-bulb clip-on desk lamp or two to a simple electrical outlet timer to turn on at a certain time and shine a light or two in his face to help him get up.

Hi, I had my own handyman service doing renovations for investors till August 2016 when I was sitting at a red light and rear ended.

We almost did this, or I should say my brother/partner @Ashton Levarek, almost did however some additional renovations came to light and the deal didnt make sense.

You would naturally want that difference to be basis so you don't pay tax on it. 

This home features brand new Flooring, carpet, brand new kitchen, all wood cabinets with soft close drawers and hinges, quartz countertops, new stainless steel appliances, new fully finished bathrooms, new interior and exterior paint, new central HVAC, new dual pane windows, new roof, new water heater and all new lighting throughout.