So, lets say you have a pipe burst. 

There is also this terrible waste of space where the cabinets and counter go into a nook that can’t be cut into.

"Slumlord property" means residential rental property that has deteriorated or is in a state of disrepair and that manifests one or more of the following conditions that are a danger to the health or safety of the public:Structurally unsound exterior surfaces, roof, walls, doors, floors, stairwells, porches or railings.Lack of potable water, adequate sanitation facilities, adequate water or waste pipe connections.Hazardous electrical systems or gas connections.Lack of safe, rapid egress.Accumulation of human or animal waste, medical or biological waste, gaseous or combustible materials, dangerous or corrosive liquids, flammable or explosive materials or drug paraphernalia."

Vandalism or theft of materials (copper pipes and wiring especially) can be an issue if it has been abandoned for a while, so check for any theft or damage that would be difficult to remedy.

Let me get y'all's opinion.Asking Price: $265kOur Offer (repairs needed): $230kTheir counter: $265kOur Next Offer: $245kThey declinedOur Final offer (matched a previous buyer who backed out): $257.5kSuper stubborn folks who don't want to contribute to or fix any needed repairs.

Laminate floors downstairs instead of carpet, new paint scheme, updated door and cabinet hardware, replaced several kitchen counters with formica tops from HD. 

Vault: under counter trays/stations, KABA axcessor lock, CVO3.

New floors, new roof and sides, electrical rewiring, sewer pipes, foundation repairs, water heaters, new walls, doors, electric panels, kitchen, bathrooms..etc you name it.

Chef's kitchen with white modern cabinets, granite counters, stainless steel appliances & bar island.

Chef's kitchen with white modern cabinets, granite counters, stainless steel appliances & bar island.