It's hard to tell if it's epoxy or hydraulic cement or just a skim coat.

You can buy good pieces that might need a coat of paint or accessories to decorate the home with for not a lot of money.

The drywall contractor said that he would recommend getting a skim coat prior to re-texturizing but its an additional $2000.

The owner has quite a bit including art, stuffed animals with cash inside them (he said his mother would stash cash in the stuffed animals and he wants to find these for himself, of course), bikes, large construction ladders, and other junk.

If they paid a deposit, that is not a form of income; it is to cover damages due to the animal.

yes, it could use a coat of paint, lolI don't care that much about the insurance company paying for the structure if it gets damaged in a storm.

The hot water pipes leading from the boiler were leaking in 20 places the inspector could see and as a bonus were wrapped in asbestos.2) There is only one thermostat for the building so the tenants on the top floors often open their windows during the winter because so much heat comes off the radiator, as a result the gas bills (landlord payed) can sometime be more than $3000/month in the winter.3) Some of the electrical panels had been updated but most had not and the wiring was all original fabric coated and would have to be replaced if worked on.4) The roofs needed replaced.I could probably use all of this to get the price much lower but it seemed like just too big a project to take on especially when the numbers were good but not great.Any experiences working with older properties like this?

Its a paint/primer combo home depot sells, and covers almost anything in one coat, and its very reasonably pricesPictures Here - https://picasaweb.google.com/115087615115568171260/Property1After?

I suggest that if you are rehabbing an older home with plaster walls stay away from them if there were extensive wall paper covering unless you are ready to rip the plaster down and do drywall or you can rip the paper down and texture because I have found that back in the day most people did not use sizing and the paper destroys the finish and skim coating is mucho dinero.

They are two completely different animals.