The inspection report shows that there is structural damage (leaning walls on the exterior of the house), needs a new roof, HVAC, windows, doors, and a new deck, repairs to the crawlspace and fireplaces. 

Here area few other options:Basis adjustments: Add in every improvement you made over the 30 years—kitchen remodels, roof, windows, decks, etc.

At that rate, you are not tossing hail marries to the property manager and you identify them as a true partner.Don't be afraid to ask for their contracts and a slide deck on who they are/how they operate. 

For example, I once re-roofed a house where hidden layers of shingles and extra decking added unexpected costs.

No loose deck boards or railings etc etc.

Sometimes (depending on the wood and condition) something like Olympic deck cleaner scrubbed & a garden hose can have good results.

Lease Wording & DisclosurePut everything in writing upfront so there’s no surprise later.In the lease, list:Planned upgrades (deck, bathrooms, kitchen)Approximate timing and durationAny rent credits or hotel reimbursements for major disruptionsThis keeps expectations clear and avoids “you promised” disputes later.2.

This one I did not need to right off the bat but I just finished making a new set of stairs and very small deck.

That's clocking at about $386/sq ft but it's small and has a giant deck on it. 

Typical Pitch Deck StructureHere’s the order we use:Cover Slide: Project name, location, date.Team Slide: Short bios, relevant experience.Market Overview: Why this city/neighborhood works.Property Summary: Size, type, photos, key details.Business Plan: Buy & hold, value-add, development, etc.Financial Snapshot:Projected returns (IRR, equity multiple, cash-on-cash)Investment period (e.g., 3–5 years)Minimum investment amountExit Strategy: Sale, refinance, long-term hold options.Timeline: Acquisition → Renovation → Stabilization → Exit.Next Steps: How to learn more, when you’ll follow up.3.