A roof, for example, might last 15 years and $200 x 12 x 15 is $36,000 - more than enough to replace a roof, barring violent weather damage.Hope that helps...

A roof that is 25 years old will be replaced with a new roof.Actual Cash Value will give you the cost of the value of the property, less depreciation.  

So, the best way to handle it is to keep the eviction clean and simple (no statement of claim), get them out so you can replace them with a good tenant, and then go after the arrearages in small claims court.

You realize you have to repaint and replace a carpet or two to continue to charge a premium.

Really gotta chain out title and reverse engineer.

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An engineer will give you more information, and if you want it done, a foundation company.

The 20k the seller is contributing towards repairs/upgrades will be used for immediate repairs (replacing 2-3 water heaters, 3 hvac outside units etc) and sprucing up the property (CCTV, Lights etc). 50% of year 1 cash flow may also be put towards capex. 

If you remove major appliances without replacing them *while* she is a tenant, I wouldn't be at all surprised if the "uninhabitable" argument could be used against you. 

It looks like previous owners replaced roof and updated kitchen a few years ago.The funny thing is I originally had an offer of $10k cash to purchase the house attached to it.