We spent a month cleaning the place up (this including getting the pool cleaned, replacing everything in both bathrooms, redoing the kitchen, painting and generally just making it liveable. 

I could replace the kitchens (cabinet and counters) in both myself for approximately 4000-5000 tops (not a ton of cabinets but well laid out).  

Most of the time the stuff the inspector will flag are minor items that can be fixed on the fly such as replacing broken outlet covers.  

I am currently a Mechanical Engineer, and I practice Brazilian Jiu Jitsu in my spare time.Long term, I would like to build passive income through buy and hold properties to eventually replace my work income.

If you are seeing lots of breaks then I would consider replacing all the pipes.

So, if there used to be water in the basement, but you had the drain tiles replaced, you do not have to disclosure it.  

She can defer the payment of her capital gain taxes as long as she buyer one or more replacement properties that are also held for rental or investment purposes. 

As of right now, February 7, 2016, I am actively working as a wholesaler, but am continuously learning how to be more of a transaction engineer.

In a reverse exchange you locate your replacement property first and buy it in a specific manner using an exchange accommodating title holder set up by your qualified intermediary.  

I have many great contacts in terms of contractors, engineering consultants, and product distributors as well as lots of experience with the renovation part of these projects.