Additionally the subject property is a split foyer while all comps are bungalows.

We ripped off the "indoor jacuzzi room" and breakfast nook because they were horribly done additions that were already falling off the house.

I’m an investor in Atlanta Georgia  and I’m used to getting rehab quotes from GC’s that are between $35/sqft (not too much walls need to be moved or roof or anything) to $65/sqft (everything needs to be done) to $85-$100/sqft (new construction or additions).I read about and have ran into other investors who say they can do a full rehab project for about $15/sqft !!!!

Feel free to reach out if you have any additional questions.

Additional units in rentals and removing walls in flips.

You might not owe that much tax because the gain will always be taxed as long term capital gain in the inherited property, and Depending on your tax bracket, you might own 0% tax or max of 20%.You need to ask your aunt what is her basis was and ask if any work was done to house to minimize your gain. 

Those additional expenses have an effect.Now, if you're going to manage the property yourself, the PM can be ignored if you want, altho I'd prefer to include it anyway.

I raised the question about pulling title, closing costs, points, etc and he said "The costs would be minimal on a small cash out like this, I'll work both out and show you." 

Then MEH, there could be a hundred reasons from the verbiage never transferred across some internet site, to the listing agent forgetting to add it, to the guy having not done anything with his license in years and just remembered he has been paying the $50 every two years to renew it with the state, but hasn't belonged to the board in years.

These are professionals with additional training and a stricter code of ethics.