There's been no contract or anything yet of any kind and yet they've done quite a lot in the last few weeks, painted, tore out old carpeting, replaced old appliances with newer ones etc.

They will still need to repaint the interior, but I'm even giving them the paint.

That was after a complete remodel (all new carpet, paint, etc.) and two boxes of the bug bombs.If you don't spend the time/money up front to tackle the problem it will keep coming back and will cost you a lot more in the long run (multiple extra treatments, tenant loss, vacancy, possible lawsuit, etc.).

For example, my painter has a full time job and paints for me after work or on weekends.

As an example, if you're not buying a lot of paint from Sherwin Williams, you'll pay $40-50/gallon these days; if you're a big paint buyer, you can get that down to under $20/gallon.

The bldg was built in 1940. my biggest concern is lead base paint and asbestos interference during the rehab process. because of these factors, I will offer about $50K below asking price...see my scenario below and let me know your thoughts.asking price 83000 Purchase costs 65000 cost of home 30000 rehab costs 35000 includes LBP & asbestos abatement down payment 6500 10% of PP loan amount 58500 12.9 interest only for 5yrs inspection 500 appraisal 500 lender fees 2000 closing costs 2000 TOTAL 70000 Holding costs monthly cost for 3 months only mrtge pymts 1887 $629/mo. interest only loan property taxes 393 $1572/yr utilities - water 600 $200/mo for 3 months utilities - gas 600 $200/mo for 3 months utilities - elec 600 $200/mo for 3 months insurance 600 $200/mo for 3 months TOTAL 4680 Selling costs sales price 120000 commissions 7200 6% of SP closing costs 3600 3% of SP home warranty 500?

Not to be snide but that's a little like asking what it costs to overhaul a truck without knowing what the "truck" is (S-10 chevy or Mac) or what's wrong with it (paint job or new engine and trany).

The better you can paint the picture of what you are looking for, the more involved the person you are talking to will get.

Already has all new paint, carpet, fixtures, appliances, etc.

How would you feel if the neighbors painted their house bright purple and put on a red roof?