Thank you Conn, yes, we just put in new flooring(Home Depot Life Proof)(pulled out the old carpet), painted cabinets(Rustoleum Kit), and replaced all the light fixtures(Home Depot and Amazon), and picked up a SS Stove off of Facebook Market Place ( to finish out the SS Appliance theme ) to bring it up to date.

I have seen many "flips" where paint, carpet, kitchens, and bathrooms are updated, but not the structure, electrical, plumbing, and other systems of the home. 

The house really needs carpet pulled out and A/C unit is straight cool and is expensive to heat vs having a heat pump.

They can always call you as the lease expiration approaches in case they want to ask for concessions (free rent, carpet steam cleaning, etc.)Good luck, Milton 

Make sure that performance is done on your part and if any delays does happen, which is VERY common in foreclosures as title is always a little messy, you are not actually penalized, the bank is and is obliged to extend the contract.That's a great bargaining tool, you have cash, no contingencies, and ready to close on time!

The floors need to be replaced so I have gotten a few quotes and we will most likely replace the old carpet floors with laminate for about $1800.

An amazing designer and all around good person.Bob Bigum - Geri's husband and handyman extraordinaireBig Bear Carpet and Tile - amazing work ethic and quality work

An amazing designer and all around good person.Bob Bigum - Geri's husband and handyman extraordinaireBig Bear Carpet and Tile - amazing work ethic and quality work

ARV: $200-$210kSqFt 859Has lots of mold, built in 1905Roof looks fine, has decent appliances, will need to carpet, paint, need to redo the bathroom and kitchen.

You're going to be repainting, patching holes, replacing carpet etc.. no matter who lives there.