Other lenders offer asset depletion, for those who have substantial net worth but still prefer to take a loan instead of paying cash.There are lenders that offer one or two variations on the regular Fannie Mae/Freddie Mac guidelines in exchange for higher rate and lower LTV.  

I had a landlord file a claim on me one time over clean up that he gave permission to do - remove a broken-down screened in porch that was collapsed and a tore up rug in the living room.

My thoughts here are to grab a conventional loan, give him a check, cash for keys to get the renters out early (or just take a loss for a few months so they treat it well on the way out), do a quick cleanup and start renting it as the new rate.Thoughts?

When you buy a trashed house like we did, we budged for the big things...demo, clean up, cabinets, bathrooms, carpet, furnace, etc.  

I do have friends who do cleanups and minor repairs on REO properties, for cash services, not JV or partnerships.

Hey Folks,My insurance company wants to settle for about 1/6th of what I think I am owed between lost rents, clean up and restoration - there is asbestos mitigation involved. 

Salvage whatever we can and clean up as much as we can.

Here is the link to the listing on auction.com 26 Delwood Ave, Middletown, CT, 06457, USA (auction.com)I spent time researching this property over the Weekend and identified the following issues1) The current occupants have filed for bankruptcy which makes eviction virtually impossible.2) The property is on the Town's Blight list and will require a near immediate cleanup after transfer of title as the fines continue to grow3) The roof has a major leak and none of the mechanicals in the house are in working order.4) The occupants have indicated they have no where to go and will be destructive if forced to leave.Why would anyone bid$155K on this property? 

Even if they do clean up to your satisfaction it will be easy for them to slip back into old habits.

I don't want to deplete all of my own cash.