This is not an all inclusive list of inspection items by any means, but big ticket items.From a Capex perspective, items like a roof, HVAC, water heater, finishes, appliances, kitchen style, etc will all need replaced anyways, whether the property was built yesterday or 100 yrs ago.  

Rear is a studio style apartment that was finished by the first ever owners.

If I order the MIlgard Style Line in a double-pane from Lowes online, this largest window of the group is $503 and is an available size  and takes approx 3 weeks.

I say "on paper" because different categories of rentals require different management styles to maximize them.

Since I will be removing the original trim from all over the house, I will certainly have enough trim that is still in good condition to find enough to trim out the few windows on the front with the original style trim. 

Roommate style housing collects these items like a magnet and before long you'll have 12 toasters and no cabinet space. 

They responded (in classic style) let’s split the difference.

According to Zillow, the house is worth $133K.The house is a single family, brick construction, ranch style, 3 bed, 1.5 bath built in 1980.

Here's the scenario:Have been approached with a 12-unit apartment style complex deal.Absentee owner looking to sellOff-marketRents $300/Unit Below Market Rents2 units - month to month10 units - 12 month leasesWholesale deal$1,600,000 purchase price$200,000 rehab budget$50,000 closing costs$24,000 acquisition fee to wholesalersProperty is free and clear.$500,000 cash from two investors $75,000 cash from wholesalersWholesalers will oversee rehab and manage property.

In current market home would be worth approximately  375 K to 400K depending on improvements I make.     2) My current condo style townhome is in a hot market in MD.