But we also raise renovation budget before closing on the deal and aggressively renovate interior and exteriors.

I do this because you cannot see the interior of most auction homes, but few are totally destroyed.

I also, can continue the eviction if the bank doesn't carry it out.4 bed 3 bath 2400 sqft with over an acre of landpurchase around $205k  ARV of $360-400k with an estimated reno cost of $50k The Unknown:for being an REO Occupied property, there are no interior pictures so I was only able to see the one picture of the exterior of the home (luckily enough I live a mere 15 minutes away and can check the exterior and neighborhood better)Connecticut has a crumbling foundation issue with many homes (crossing my fingers but also researched a little bit to make myself feel better)How much reno will be needed? 

And of course your area may be different in terms of cost and also some jobs don't require a full cosmetic renovation, but most of mine have.Then of course check the big ticket items like HVAC, roof, exterior siding/masonry repair, windows, interior sheetrock replacement, foundation and water heater and know approximately what it will cost to fix/replace each if warranted.  

The sellers are using the newly remodeled interior to justify ridiculously high asking prices compared to comps in the neighborhoods.

Ideally, I would like to work with a company which does both interior and exterior.

The interior picture confirms this the best when looking at the sill. 

If you remodel the interiors, you're still a bit captive to the rent of all the next-door neighboring units...

Some investors just think of interior costs per unit and the outside runs up their per door costs big time.

If it is from Wells Fargo you only pay $250 for an interior BPO.