For rehab loans FHA has 203k renovation, and there is the Fannie mae homestyle.  203k is broken down into 203k limited and full 203k. 

Pretty much everything in the house is broken from A to Z.

I notice your repairs aren't broken down by category, so I'm curious to know how you came up with an estimated budget of $70k. 

My grandparents were first generation Americans who were just starting their lives as young adults when the Depression hit - my grandfather spoke broken English and better Italian than English, and had a 5th grade education.

The house that i am looking into buying is in centerpoint alabama and purchase price at $100k.The major concern that i am having are:The roof is at end of life.floor joist needs to be install due to flooring bad deflectionThere are broken cement at the patio / deckPossible water leak to the basement walls.i just don’t want to be the person who ends up with the expenses the previous owner should be taking care of.Can you give an advice on how to deal with this property?

The tenant has been there for quite a few years and has broken so many aspects of their lease I lost count.

It's doesn't really matter how it's broken down in actual structures.

Finding an honest property manager to look after it would be the sort of experiment in futility the Nazis devised to see how thoroughly minds could be broken.

Broken hand rails, missing plate covers.

I have firsthand experience inheriting tenants in properties we purchase from bad landlords (those who don't fix broken windows, respond to maintenance calls, etc).