I would like advice on how to proceed, if this would be worth any further time.This is a FSBO single family, 6 br, 1 bath. 1st floor is kitchen, living, dining. 2nd floor is 1 bath, 4 bedroom.

If you don't want OSB for subfloors or sheathing, you can upgrade with plywood, I don't see the need...My $67 a foot includes extras such as, 9' first floor ceilings, wood burning fireplace, high hat lighting, upper tier granite kitchen & bath tops, hard wired for alarm system.

(I just finished taking popcorn off a kitchen ceiling.)

Kitchen and bathroom from the 1980's.  

The Kitchen

One in the 24x24 kitchen & larger one in the Living room with ceiling venting to a ground floor master & en-suite.Our tenants LOVE the pellet stoves & rarely use the steam heat.Yet after 8 years I just had the following repairs (parts from http://www.stove-parts-unlimited.com)Convection Blower $185.00, Feed Motor & Spring Assemblys $385.00, ThermoCouple $78.00, ThermoCouple $cover 24.00....Total $672.00

Thank y'all so much.Here's more info:very desirable neighborhood2229 sq ftbrick exterior3-4 bedroom, 3 full bathbuilt in 1969new roof 5 years agoHVAC replaced 10-12 years ago, no problemsfireplace, gas heat/ water heater, electric appliances, city sewer, crawl space / full attic, 2 small storage buildings out back, metal carport attached to housePics:https://www.dropbox.com/sh/9okdqd6lj9olk1w/AACeDvF5R133So7URcPnUUoqaWork required:pull up carpet, replace wallpaper in 2 bathrooms [apprx: $13,000]modernize kitchen [approx: $8,000]modernize one full bath [apprx: $4,000]wood paneling in living room could be painted or replaced with drywall [apprx $1000]slight water damage in mother-in-law suite has been repaired and roof replaced, but visible spot in ceiling remains [apprx: $500]Estimated repairs:$26,500Holding/selling costs: Est. $15,000 (Edit to your experience)ARV: $206,000 - $215,000ARV Comps:1- Distance: .6 milesSale date: 5/2014Stats: 3046 sqft incl basement, 4/3 full, 2 half bathsPrice: $90/ sq ft2- Distance .4 milesSale date: 5/2014Stats: 1800 sqft, 3/2Price: $91/ sq ft3- Distance: .5 milesSale date: 5/2014Stats: 3600 sqft incl basement, 4/3Price: $86/sq ft4- Distance: .2 milesSale date: 4/2014Stats: 1700 sqft, 3/2Price: $93/ sq ft5- Distance: .3 milesSale date: 6/2014Stats: 1700 sq ft, 3/2Price: $96/sqft6- Distance: .3 milesSale date: 6/2014Stats: 1350 sqfr, 3/2Price: $98/ sqft

Cold Rents,( they pay for the electricy, water, heating and so on ) good economy and low risk of the owner.Owned today by the company and can be sold as a company or through normal real estate sale. 4 residential buildings with a total of 9 apartments, 5 apartments with 3-room and kitchen and 4 apartments with 2-room and kitchen.

When I entered the unit the place was trashed, the carpeting looked like dandelion puffs from cats tearing at it and the place was utterly filty with a huge plate of meat sitting on the kitchen floor.

I am taking things slowly and only want to remodel the kitchen first.