I have a large apartment in an old house that just became vacant. I have about $5k to spend updating it. With that budget, I can do any one of the following:1) Refinish the hardwood floors. They are not desperately in...

Below are the details:http://thesomersteam.com/page/kensington-Courts-A-...It may be some time before this gets finished but it would really change the dynamic of the area. 

It is kind of a weird place in that there are only 2 bedrooms and small single bath but huge living room and decent kitchen, 2000 ft of living space with 1600 ft of attached finished garage.

This was built in the late 1920s, is brick and plaster, 1 story (+ basement & attic) on a stone foundation.

Rehabbing all the bathrooms and kitchens with trendy weathered wood and farmhouse style finishes?

The escrow company charges around $100/year and then they handle the property tax and insurance payments, late fees, etc.We put about 10% down, which basically covered his commissions and closing costs/taxes.

Those circa late 1800's Limestone & slate block homes have since been razed to build $million homes.

Seeing this everyday I'm sure was a factor in my friends' brothers' delilberate demise.The renters helped me clean and paint beginning a few days before finishing yesterday. 

It could be everything from doing probate start to finish, or a Quiet Title Action (you need an attorney for this one) to needing an affidavit or two, to "you are good to go "as is" (I wouldn't expect the last option to be the case.

Just finish my 6 yr mark so still have plenty to go lol.