First, I cleaned house and worked on my own for a few months. 

The home needs about $5,000 worth of repairs, including an AC repair and some flooring and minor repairs and cleanup.

As long as the asbestos is in the walls or encapsulated in the floor tiles there is no health risk.

That is to say, when am I going to have my cleaning lady text and say, "We don't have any more _______ and we've got six guests arriving tomorrow." 

New bathroom and kitchen and flooring in laundry room and outside kitchen area and fresh paint the porch and 5 bedroom Celtic and leaching field add on What was the outcome?

Always consider the angle of your advice/"research" CPA wants clean Audits and does not want the IRS saying he filed that return incorrectly and that's wrong.. now some employee working for you everyday will advise you on how to make things better for them everyday and so on.

Invested additional $25,000; new windows; Kitchen remodel - granite counter top/ tile floor/ stainless steel appliances; Full bath remodel to the stud.

But the carpet was not steam cleaned ...full of stains and bubble gums everywhere... the lawn was now even maintained...full of weeds...grass almost dead... so we had to put some fine for carpet and lawn...And also for the lease breakage...

But as far as your budget goes, I LOVE new flooring!

They are liveable, but new flooring, trim and paint would help spruce things up.For my analysis, I used some of the sellers pro forma info (as I have not fully accurately looked into items such as insurance, prop taxes, utilities, ect.) and used what I believe my numbers and annual income from rent/storage would be.