As Anthony mentioned, this sounds like normal wear and tear.

Usually the payoff from lender will provide an itemization of HOA (if applicable), PITI, Attorney Fees, and all other fees that will drive up that debt.Is the title still in seller's name, if not, it will have to be reinstated in seller's name.This is but a fraction of what you will have to deal with when dealing with preforclosures.On the surface, it sounds promising, but there has to be more time, so the clock will have to be stopped by a TRO or Bankruptcy or even a possible contract from buyer.Could you pay what is in arrears and try and modify the loan?

I don't know how long the eviction process takes in Ohio though so it may be worth trying to get him out on his own but it sounds like that isn't going to happen.

If it sounds too easy then walk away because it is probably not a good deal. 

sounds about right.And I'm new to this 'house hacking' term -no one in real estate (at least in Florida) uses it unless its a Bigger Pockets member or millennial, but from what I gather, to house hack is to buy a home and then rent out the bedrooms to offset your mortgage.

I would fix it now and eat the cost unless you can make it a condition of sale for the current owner to replace it.

Hello guys....Name is Jaarno.I also invest in lethbridge and areaThis sounds like a good potential deal!!

If not, does that sound right to you, IRS would be made whole thru the excess funds thus that problem has a light at the end of the tunnel?

And then there is replacement cost - just look at your insurance rider.

You can estimate a specific job, like replacing carpet, or a project, like a bathroom or kitchen rehab.Here is the site.https://www.homewyse.com/services/index.htmlIf it's in the ballpark, then it seems like it could be a useful tool as you're getting started and looking to run numbers to make offers before you have a lot of deals and experience under your belt.