What you want to do is find others willing to split the risk with you.

The community is split pretty evenly between modular's and stick built single family homes.  

@richard @Richard Ayvazyan undefined I would be more interested in how that strategy works, for the seller to approve on the work and splitting the profits.

I think the spread will stay there because there's a lot of MFR coming on line in Surrey (particularly North Surrey - can't speak for South Surrey/White Rock).

In fact, the seller's agent would almost prefer that you not have your own agent so that they could take the entire commission (~6%) and not split with another agent.

I asked the previous owner to split the cost with me, he refused saying he had already given too many concessions on sell price, and since the call came in after closing it was my responsibility.I was hoping he would split the cost.  

Investing in the construction conversion costs to split out the utilities, install a kitchen, and any other reno costs.

This is just a thought I had:My question is, is it smart to have a contractor as my business partner and split profit 50/50?

This is just a thought I had:My question is, is it smart to have a contractor as my business partner and split profit 50/50?

I was also going to try and negotiate something to where whichever CAPEX expense the home warranty didn't cover, we would both split 50/50 (since I am already taking a risk by even purchasing such a old home).