I already met some new contractorswho said can finish the work within the $60K budget, however, they didmentioned some things the contactor did wrong with our house that they wouldhave to fix (leak in our roof from our chimney, new gate hinges because they put the wrong ones on there and other small things).

Column A - year Column B - total units that year, adds previous year total to new units added in Column CColumn C - new units added that yearColumn D - $60k per unit value added for that year (assumes it stays at $60k per year which is wrong, but you could tweak to have it match the 2% inflation from columns E & F)Column  E - takes previous year value from column F and multiplies by 1.02 or 2%Column F - Adds columns D and E for the current year.

Site cleaning is consistently understated in rehab construction budgets.  Most rehabbers include only enough for initial demolition/cleanout, drywall scrap removal and end of project cleaning. Increasing your construc...

Personally, if I see a property that went back on the market after being under contract, my first assumption is, 'What did the buyer find wrong with it?'

Then an attorney or escrow will close and take money and record Deeds.Can anything go wrong?

There's nothing specifically wrong with your proposal, but I'd just do a rate and term conventional refi and forget the LLC.

So in the past it has been right and it also has been wrong.3) Even it's decisions are rarely even unanimous inside the Fed.

Do some research and choose wisely.As Gregg said, your home is clearly priced wrong or not marketed well.

An Appraisal is just an opinion, it can be very wrong either up or down. 

As with everything "always and never" is proven wrong because there is someone out there right now making sure of it.