However, due to termite damage we're completely replacing the kitchen and bath literally from the ground up.

I can either rehab the first floor bathroom, which desperately needs to be done or rehab the kitchen.

Getting quotes from GCs to complete interior renovations - mostly paint/carpet/minor kitchen and bathroom stuff.

It needs a new kitchen, a new upstairs bath, stucco siding major issues, and an entire second floor finishing.  

The condo is in pretty good condition, but I would still want to put about $40,000 of work into it to make it optimal by Brentwood standards (Re-do the kitchen, and spruce up a few other things). 

Make sure you have smoke/CO2 detectors on all levels and by all rooms and kitchen.

I offered to do some of the repairs identified in the inspection and to replace the kitchen flooring so hopefully he will see some value in that.We will definitely be researching the market for how the competition is applying a pet policy.

I was always told 20% like I'm sure majority of you were told at firstAnyway, I was looking at places ranging from $130-190,000 (just seeing what's out here) and in most places I'd want to redo the floors, kitchen & bathroom.

My question is, would he have the option of selling and using whatever money he walks away with and getting a new home with an FHA low down payment loan or is that only for first timers?

Needs mainly cosmetic repairs, paint, carpet, kitchen, bathroom, lights, gutters and flooring.