Assuming the size is 20' x 25' is 50-80K a reasonable ball park estimate?

Looking for tips and good advice to get the ball rolling.

I would hire an attorney and get the ball rolling immediately.

Was on the market for over 300 days so we gave them a low ball offer How did you finance this deal?

Also if the house is full of plaster the repair costs can go up because it can unravel from a golf ball size hole to a whole wall if your not careful (I live in a house from 1886)Not trying to discourage, just laying out some items that I didn't see and don't know if you had factored in. 

I realize this is how it goes at times in RE but it’s frustrating when someone drops the ball on something pretty simple and obvious that should have been a question to ask, given my buyer’s unique position with his work/income situation.

Tracy, do you have a ball park for what the Title/BPO/closing/ and recording is?

I have invested in the Pittsburgh PA market for nearly 30 years and if I had a crystal ball there are many properties I would have kept long term and many I would have sold.

Check your state landlord tenant laws.Insurance will not cover if they stop paying, it is on you, six months buffer PITI before you start playing real ball here!

I would say in the ball park of 20-25000 for a move in ready home.