I would like to know the cost for slab or perimeter foundation.I got a 50k quote from someone on phone  for slab , which sounds too high for a 800 sq ft single story. on a flat piece of land

Ive moved out and she wants to rent the property but obviously has to be repaired from the damage. 

Always have an Inspection contingency clause in your offers to let you to walk away if you find out any repairs you did not know about without any penalty. 

Is there more repairs/updating required than you think?

Does the seller offer to make repairs now or also in the future?

Lower financial risk if we had a longer vacancy or costly repairs because the rental expenses are lower. 

I'm finding that estimating repair/renovation costs is tricky, but probably gets easier with experience.Best of luck!

-I prefer newer homes / town homes because I frequently travel internationally and thus don't want to deal with frequent repairs.

Brief overview of how I've arrived at some of the numbers: - Comps in the area for the ARV- Estimated rental rates based on local similar properties (this place is currently vacant)-Estimating the repairs on the home in a general sense: 30k per side (still need to learn more on repair costs)Am I doing something wrong here? 

If you do have the funds, and want to do some of the work like installing flooring, painting, etc. yourself, I would skip the renovation loan and additional requirements that come with it and keep things simple.If you don't have access to additional funds and don't have the ability or desire to work on the property yourself, and the property won't qualify for regular financing without some of the repairs, then I would definitely recommend the 203(k) loan.