Rehab Cost - 35K (Net Profit 30K)Option 2 - Same as option 1 but hold the property and rebuild a 2 car garage w/ ADU above.  

Prop #5 on a National Jobs ProgramShould the Democratic Party promote a national jobs program, with high wage and labor standards, to replace crumbling infrastructure and rebuild hurricane damaged areas, paid for with local, state, and federal bonds financed through the Federal Reserve at low interest with long term maturities?

Fix it right today or have to rebuild a whole wall 5 yrs down the road and or give someone potential health problems for the rest of their life.

After rebuild/remodel, you're already at $200 positive equity on paper before you collect the first month's rent.This would have been a good project assuming you had access to required capital or funding.   

As the Japanese have since learned, recovering from a deflated credit bubble is a long and very painful affair.Governments and central banks on both sides of the Atlantic are pursuing a strategy of buying time, hoping that a recovery in economic conditions will allow our banking industry to re-build its capital base.

I am currently rebuilding a duplex , both side .

I fit is before the mid 70's you will have lead based paint issues upon rebuilding and other things that will increase costs with the newer government guidelines for rehabs.

Any of those types of oddball properties you have to get really cheap as they are harder on the resell to move.If the land I valuable and I could sell off to a corporate company for a tear down and rebuild then I could pay more.

If you excavate and rebuild the wall you'll have to take out enough soil to get 'deadmen' back into the soil to hold the wall.

Consequently, the contractor should bring in dehumidification units designed to dry the air in the containment until the ALL CLEAR has been given.)How will we know it's been done correctly and it's ready to rebuild?