You are describing a leaky basement which you can fix with an interior french drain for about $5,000 or exterior waterproofing ($6,500-$30,000) depending on how much digging has to be done.Plumbing....without knowing what exactly that means, I'll estimate it at $3,500.flooring...again, not knowing what you mean by that, I'll estimate $5,000.House repainted....interior and exterior?

Trying to avoid partnerships with friends and family for several reasons.We'd like to get the financing options hammered out before really digging in and looking for deals.

I'm meeting with my agent Monday to dig deeper into the trustee source and past records on the property.

@Joshua Wallace Before you decide to spend any money on a seminar or program, spend a month digging through Bigger Pockets. 

You send a licensed inspector to verify items done (and a mere visual confirmation that nothing looks contrary to code, but no digging or pulling up items). 

Hand dig around all water meters.

@Andrew Smith  I did a little digging, thanks to all of you for pushing me to get up to speed.  

Did some digging and research and realized what was at stake.How did you finance this deal?

Must be exciting digging into your first project.

So I figured I'd better do a little more homework digging into the fine print on all the rental rules, since neither my landlord friends nor myself have experience specifically in Provo yet and I'd really like to avoid making any expensive, incorrect assumptions.I've found the following information from Provo City's website regarding "accessory apartments" which is the source for the rules so far as I can tell:https://provo.municipal.codes/Code/14.30.010 https://provo.municipal.codes/Code/14.46 My questions:1.