Add to that the cost of the demo of your existing property and if the properties next door are sitting on the lot lines, you'll need shoring, which is an additional, minimum 10K each.You'll have to look into how many sq you can build per unit, and then determine the value of those particular units.After you know what you can sell them for, deduct the construction cost, lot cost, financing cost &  holding cost and now you'll know if you want to go ahead with the project.A good architect will be able to inform you right away how much you can build, with only the address of the property, the zoning and preferable a survey.

We pick up non-skilled labor for demo.

You want to inherit 10's of thousands in taxes, code violations, demo orders, etc.?

This year is starting off right next the Demo then the Sell.

On the other hand, drywall is cheap and is a quick demo and quick replace.  

But there’s a yin and yang to everything.

Kind of enjoy demo, done my share Bryan N. .

Demo and build doesn't look profitable.

There is a ton of demolition to do in the apartment and we need to do that before we rent the downstairs because of the mess that will be caused from the demo and the noise that will be made... we don't want to make our commercial tenant unhappy.

We worked on the demo stage of the flip then our contractors took over, it saved us a bit of cost and learned me a few things.