No, it would be a total loss.

Start with these three key points:Current SituationAssess your current or expected capital and credit within a realistic timeframe.

Our parent company is called Legions Capital, Inc.

They are now selling resulting in a 100% loss for investors. 

In the beginning, it's all about buying more deals with not much capital and frankly, maybe that's not the worst thing, because you learn a lot.

Or just sell it at a loss… I need some guidance here, I know very little about real estate investing other than I know I’ll be losing money after maintenance and paying a property manager.

Capital invested is tied up in Real Estate and we will pull equity to take care of investors.

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? 

Would you have net income or net loss without the cost seg study?

Debt is not only the easiest to originate but also recognized as the  cheapest form of capital.