Is this logical / possible (Home Renovation)?

Question

My grandmother is currently living in a home, that has been in the family for a couple of generations, that we both love, but it's in a very bad location and condition. It's a duplex, that is now completely owned by my grandmother. I initially want to move there as a place to gain additional space and to help her as she becomes older; and long-term I want to make it a semi-permeant residence. Below I segmented some of the pitfalls of the home, as well as asked a few questions:

1.) Location - The house is currently in a city, that is notorious for it's crime, however, the neighborhood that my grandmother lives in, does not have problems with violent crimes. Would this be an issue, if I install a quality security system (i.e. security cameras and outdoor fire retardation system)

2.) Rewiring - The house is older, so it has asbestos wrapped wiring that is starting to disintegrate; as well as the house does not have electrical boxes or ground outlets. What is required to update this + $

Answer 1

WOW!!! I commend you for your interest in saving a piece of your Family Heritage!!!

Lots of questions and concerns. First you (or an adult) should contact your City Code Enforcement Officer/ City Ordinance. They can give you information to most of your questions.

Renovations/rehabilitation of this magnitude is going to take so much money.

Lead paint, asbestos and pest control are serious problems and will have to be dealt with. Those projects alone is going to take  professionals and will require a lot of money.

The entire clean up of the garbage and trash is much sweat equity and whatever it would cost to take to the landfill.

Good Luck with your ambitious endeavor!!!