Repair cost when you have a tear down property

[Jeff Owens]

I'm trying to wholesale a house in Burlingame,CA I know the investors Buy these houses for over a million tear it down and build a new 5,000 sq foot house. This will be my first wholesale. I was wondering if you put a value for the repair cost when making an offer. I found a tear down house that comps for 1.8 million I'm trying to figure out what is a good offer. I would be selling it to a general contractor that would build the new house.