House needs some Interior Cosmetic Work, Wood Fence Repairs and some Plumbing Work.I want to turn and run, but I recently heard where there is a Problem, there is Opportunity.I thought this might be an interesting Case Study.Thanks for the Ideas.If they owe $180k on a $210k property and its a year+ behind then they probably owe taxes and other bills as well.

Light Cosmetic ($40 x Sq.

Cosmetic Makeover.

But enough to make to do all the cosmetics along with a few major items like HVAC, appliances, etc.

Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this. 

For first flips better to start with a  small cosmetic rehab  until you get to know the process and the team well.

I will also be doing all the cosmetic things you can think of: paint, flooring, bathroom reno, kitchen reno, so I am open to carpenter or design suggestions.  

I'm curious as to what cosmetic rehab you have to do that costs $27K? 

If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.

However, it is an old home and you are thinking about major cosmetic upgrades too.