Quote from @Jay Jones: Has anyone worked with Total Quality Lending?  

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property? 

I talked to Padsplit and they manage SFHs renting each room to different tenants - the total rent is more than renting it out to one household.

Just to make sure we’re both on the same page, I’m referring to the annualized total return that is included in the bigger pockets rental calculator — I wasn’t intending to compare RE to stocks, but maybe I’m missing something in your answer.  

Affordability isn't a right, it can remain totally preposterous.

You need to think of that before it comes up (I know this the hard way...because I forgot).

I remember working with a friend who inherited his aunt’s home.. he got so caught up in the emotional side of it that he forgot the nuts and bolts..like having a good plan for the renovation budget and timeline.

I’m interested in connecting with him, but forgot to save the episode.Anyone know who this is?

I often hear, "Oh, I didn’t know" or "Oh, I forgot about that," followed by reluctance to go through the effort of gathering the necessary documentation.

@Agnes Shin I would be careful of this as i know when i was using go high level i forgot to add my opt out into the first message.