Even if you fix it up nicely being it in a high crime area you will have nothing but problems. 

He says he doesn't want to fix it or pay taxes on it for much longer.

If you can I would invest in a dilapidated home that you could Fix and Flip and resale for a profit from it and I would invest in a similar way or some other investment that would make you money.   

A few options we're considering as alternatives to paying in cash ourselves:Having the seller fix some issues before purchase (we're in the process of post-inspection renegotiations).

The part that I am really struggling with is being able to walk through a property, see the state that it is in, and determine how much money I would need to fix it up to realize that forced appreciation.

Greerings All,I have a couple of PMs in different areas and one particular I'm having issues with is a big box franchise one.I'm a nutshell they are charging 2 to 4 times on any fix I have them do.

They caused this, should I tell them to hire a plumber and fix it?

From my experience each turnover required more work, they didn't care much about their deposit because it likely was paid by another governmental agency, and I would guess every apt had at least one hole in the wall to fix. 

Hi BP,I am a new investor located the central jersey area, I see a potential house that I would like to fix and flip.

It’s already fixed up as of pretty recently, but the owners of it would probably give us a sweet deal, most likely.