No water on one, no toilet seat on the other.

The house is in great shape and the ARV/market value for homes in the area range from $125K-$160K. 

There is a well 15 feet away and water seeps through making the brick and stone damp which creates mold.It would be expensive to dig up the exterior lawn to fix it from the outside.

It's out of my price range for the house so i keep waiting and watching it for month. 

They will often be between 50 to 60% when roof, windows, water heaters, heating and air,etc. starts reaching end of life expectancy and has to be repaired to extend shelf life or fully replaced.Many times some brokers do a ( if buyers don't ask then don't tell ) kind of thing to get stuff closed and make their money.

The building does have quest water lines that are all behind drywall except when they connect to fixtures and appliances.It would be expensive to repipe this as a lot of drywall would have to be cut and then repaired.I know it's a risk to wait for a leak to start and then to repair just that section.I'm getting an ok buy price and the seller won't go any lower.  

My price range is between $100K-$150K in a C neighborhood, but prefer B if possible or realistic at price range.

What are the rental ranges should I expect?

Has a slate roof, minor water in the basement (no puddles but a spot where there is moisture).

We have a local government entity - Clean Water Services - who reviews what you want to do and signs off that there aren't any issues with wetlands or protected environmental situations (animals?