Also note that if the tenants did damage beyond usual wear and tear.

From the little we know, I'd say it's a definite tear down.

I feel the tears drying up.

I am impressed that and you already noticed opportunities in tear down and rebuilding this early in the bowl game.

After bringing in multiple contractors I've made the decision to tear down the houses.

Then tenant tearing place up after moveout or just getting it ready for next tenants will cost.

Yes this is nothing new to the big boys & girls out there, but new to me as I have only purchase new completed places.This is the current bus. model that worked on my building1-build/buy new & hold(unique duplex like SFR - thus hi quality tenants)2-cash flow-not great but good3-exit by selling as condos (30% higher value than the whole duplex structure)These are the rough number on one current duplex:-150K 0.4 acres land purchase for ONE duplex (an average - extremely hard to find)-300K Build and contractors fee-20K City utilities (can save here w/ tear down-Utililitie in place & easy to permit)-Appraised at 470KWith these numbers there is no deal/money to be made upfront unless the appraisal rises or the land price drops.

One of my customers, who has been buying rentals since 1990, says that he tears the guts out of every toilet he installs (even the new ones) and has NEVER gotten a call about a leaky toilet.

Right now, the owners are living in the downstairs unit and the upstairs unit is vacant.My realtor just informed me that to get a CO, I may have to tear out one of the kitchens.

i want to charge them $100 to clean it and they think it's "normal wear and tear". what's so normal about having the carpet dark in the areas where furniture was not present?