I'm assuming you already have it listed on the MLS the only house that has sold around the same price point was after a 75k reduction.

What a great deal, @Jeremy Weight.

We're currently in the process of renovating a top level apartment unit in a 2 floor building and debating on whether to go with carpet for noise reduction or LVP for looks and durability. 

Then you may consider it.I have a sheet that says something like, "As part of our paperwork reduction act, if you prefer, and if you have internet access, we provide you these links to the mold, lead,  websites"  Hard copy is available  upon request.Sign here that you have received the links, will go to the website,  and prefer no paper:Its saves me having to print 75 pages of what basically says don't eat lead paint, and don't inhale mold.

Best mitigation I can think of is to buy at a lower price so any reduction in cash flow doesn't cause it to go negative.E.

@Allen Yeung Options can be great or a weight can't they? 

Apparently, the Inflation Reduction Act allowed these credits to be transferred easily.

One thing I'd add is that the foreclosure & short sale market has a considerable amount of competition with all-cash buyers especially with this low inventory.The approach outlined by Peter regarding properties with high 'days on market' (i.e. over 100 days) and properties with price reductions is one that I have seen work nicely for BiggerPockets members in and around Queens.A BRRRR strategy deal and/or househack deal could be a great way for you to leverage the equity from your existing apartment.All the best to you on your next move!

A brick house is going to be more due to the weight of brick being heavier than siding.Depends on the size of the house you are demoing.

Even though it doesn't mean a whole lot, outsiders give a lot of weight to formal structure