Essentially, one side of the duplex has been completely renovated but listing didn't speculate on the other side so I'm assuming I'll need to redo all the cosmetic work.After Repair Value: $200,000.

In either example, the ACV of the item is zero, but one item is an integral part of a home, the other is cosmetic.

The vacant unit I saw was in rough shape and would need a new subfloor in the bathroom and probably a cosmetic kitchen remodel as well as new paint throughout.

The Heights in hot and with a little cosmetic work that's not needed right away, you can do well there. 

I've been surprised by a few people I know personally that bought a house that cosmetically was updated and looked nice, but definitely had some sloping to the floors. 

Cosmetic is easy...foundation or structure is not.

We immediately replaced the flooring with LVT, painted, installed new bed frame/headboards/linens, and fix a few minor cosmetic issues.

So there hasn't been an appraisal, but expecting to get back at least the acquisition capital in a cash-out.Currently renting for $1,900/monthThere was a lot of work, but it was mostly cosmetic.

In regards to UWE post, the banks do not dictate pricing, the proce is set after the bank gets 3 BPO's (Broker price opponions) fro three realestate agents, then determine a set price to start the sales process...the price will only drop when the property sits for a while and or get low bids supported by structual issues like foundation cracks, roof, heating system, copper removed...banks are not concerned with cosmetics such as ripped up carpets, paint or outdated properties...

Maybe you need to do a little bit of work, but YouTube is great to learn that and most of the once I see appear to just need a little cosmetic work.