Restoration of this vacant, distressed property contributed to the overall neighborhood improvement plan in which we were participating.How did you find this deal and how did you negotiate it?

Restoration company dealt with the mold and my contractor replaced dry walls and changed from carpet to tilesThe property mgmt company asked me to offer 2 weeks rent free which I did.

Meanwhile, there is a fully restored triplex  a few streets down for 699k.

I spoke to one gentleman last week who made it clear he was a "restoration company" not a flipper.

if power has been off for year or longer, power company may require a thoroughinspection by an electrical contractor before restoring power 

I'm in it to restore cities and families one house at at time.  

I’m in Austin and flip fire-damaged properties (I also own a fire restoration company).

Has anyone done business with this company for fire/smoke mitigation? Reviews seem negative but that tends to be biased with only people who have a bad experience. I have smoke/water damage due to a fire in a neighbor...

Generally speaking, compensatory damages for physical injury or property damage are not taxable--the theory being that you are simply having your situation restored (compensated) to where it was prior to you being wronged.

This project really required a team to mastermind which way we were going.... from restoring it to the 20's vibe, making it contemporary loft feel, or basic rehab.After reviewing the project we found that it would be partial restore (like removing drywall from the beautiful bricks inside the apartments), to acid cleaning the HUGH building, and adding a garden park feel in the center of the closed courtyard.The condo conversion (from Apartment status) was our focus for getting upside.What was the outcome?