The basement contractor of course wants to install interior drain tiles and a sump pump to the tune of $9,000.I'm trying to get a gauge of who may have addressed the issue by getting the drain tiles cleaned out?

The basement contractor of course wants to install interior drain tiles and a sump pump to the tune of $9,000.I'm trying to get a gauge of who may have addressed the issue by getting the drain tiles cleaned out?

I don't see any problems with the interior of house 2. 

Here is all the work we want to do on the house: Interior: Flooring - currently has cheap carpet throughout and wood floors in the kitchen.

Much of the city is already zoned for 4.88 units per acre at a minimum, with much of the interior at 8-ish (R-1C). 

Gently remind the tenants that (assumed true) the home has no existing damage from pets (chew, scratch marks,  soiled carpets/interior finishes, damaged landscaping, etc)  and such damage will not be considered normal wear.   

It’s a 1400 SF 2br/1ba home in a B class neighborhood.Major items:New roofNew Siding (entire house)DeleadingNew Windows Remodeled bathroomRemodeled kitchenNew HVACRewiring houseSmaller items:Large drywall patchingNew bedroom from existing space Refinishing floorsAll new paint interior/exteriorNo termites or foundation issues, luckily.

Just so I'm clear on what's going on, $1.1 million and you haven't been able to see the interior yet?

Needed new roof, interior/exterior paint throughout, new flooring throughout, new trim throughout, repair work to deck, and new banister in a great neighborhood.

Usually a hybrid or gross lease.It is key to inspect the parking lot, interior and exterior of building, roof, and all mechanical, electrical, water systems, etc.With newer buildings sometimes you can net higher with gross leases or hybrid but in older buildings where landlord is paying lots of costs it can really eat into your net number.You need to meet with an SIOR broker to see what type of lease structure is common in your area for this type of property before your due diligence period runs out.