I had a 3 family in Everett, MA when I was 19 and went in for an inspection and the tenant literally had blown out a human sized hole in the wall between the kitchen and dining room. 

. : )It's funny I saw on Google a restaurant named Hannibal's kitchen.. lolI would be afraid to eat at that place.Those are more block by block old town developments.Where I live is a master planned community of about 3,000 homes.

I rent out roughly 40% of my house on Airbnb (it's divided by door, has its own open kitchen living area, bathroom, bedroom).

Just don't make the range so wide that you might just as well close your eyes and draw the quote out of a hat.All of your standard rehab repairs/replacements you can do this way.Roof, floors, kitchen, baths, paint, appliances, etc...

Check the kitchen cabinets.

That since it is a 2-unit property ( although, the county tax records have always and still do.... show it as a single family property with a de-tached workshop )The 2nd " unit " was originally a workshop when the house was built ( back in 1945 ), but some 20 years ago, someone put a bathroom, kitchen, bedroom and washer and dryer hookups in it I don't understand why he is saying that it won't go FHA 203K, when I have seen houses in worse/ more distressed shape than the property I am trying to buy.The house does need about $25,000 in repairs ( New AC unit, roof, painted inside and out, all new flooring, appliances 0It is a cabin type house, so the wires are stapled to the wall ..... to get by this and get it up to code, can't you just wrap it in conduit ?

Once we got inside, it was completely trashed, missing everything including the kitchen sink. 

It has 3 bedrooms, large kitchens, large dining rooms and living areas, as well as a walk in pantry on each floor.  

Spend a little more on the materials for the kitchen and bathrooms and it makes a huge difference in your bottom line. 

In furtherance of such obligation, TENANT AGREES TO PERFORM THE FOLLOWING:1.To keep the Premises free from dirt and debris that can harbor mold;2.To inspect the Premises regularly for the indications and sources of indoor moisture;3.To immediately report to Landlord any discoloration evidenced on walls, floors, or ceiling and/or any water intrusion, such as plumbing leaks, drips or flooding;4.To not air dry wet clothes indoors;5.To always utilize stove hood vents when cooking items that may cause steam;6.When showering/bathing, to always utilize the bathroom fan and to notify Landlord of any nonworking fan;7.To water plants outdoors;8.To notify Landlord in writing of overflows from bathroom, kitchen or any other water source facilities, especially in cases where the overflow may have permeated walls, flooring or cabinets;9.TO IMMEDIATELY WIPE DOWN ANY WATER OR CONDENSATION THAT APPEARS AND/OR DEVELOPS ON ANY AREA OR ANY SURFACE;10.To clean upon first appearance, any mildew from condensation on window interiors, bathroom & kitchen walls, floor and/or ceilings.