The kitchen, baths, floor coverings, wall covering, heating system, layout, floor plan, etc were all stuck in the 1950s. 

Costed around 1K or so.As this is a multi family property build long back, heating and water is common for both units so i assume it is paid by landlord.I believe my area is more of tenant friendly as eviction process takes around 2 months.property seems to be in OK condition and there is no visible issues but its just outer appearance and i need expert to evaluate and confirm.Seller wants to cash out and offer no other assistance.

This one is complaining that we're racist because we won't turn up her heat and it's only because she's of a particular race.

We had the heating system quoted and the contractor suggested we change to forced air and put a furnace in the basement and in the attic.

I see a lot of these markets heated up.

To make it functional, the pathway to it needs to be to the main house, not going through a garage, it also needs to be heated and cooled to be living space, best tied into the HVAC of the home and have a window, natural light not so much as legal egress.  

The property is managed by the association and includes waste removal, cleaning, etc.What do you think about dividing the fee among tenant(s) because its mostly for electricity, heat, water, ac, and cleaning?

And I'm wondering what should I estimate as a rehab costs if I needed to do everything - electrical, heating system, drywall, resurfacing floors ... ect.  

With a house that old, you could easily uncover issues that cost 100k to repair, like failing structure, foundation, electrical (knob and tube was the standard when the house was originally wired -- this place is so old it predates electricity), heating/cooling (old boiler, furnace, coal chute even?)

They factored in number of bedrooms, square footage, garage / parking, quality of property, heating / cooling and other large ticket factors.Cost Approach (if developed): $ 651,160He took the square footage and multiplied it time a cost of construction per square foot.