It's not as simple as they make it seem on their demos, of course, but it really does work- just has a bit of a learning curve.

And if the house is balloon framed, you can do blown in insulation into relatively small holes near the top of each wall cavity, rather than demo'ing entire wall (plaster and lath demo is a lot of work and a lot of mess too).  

@Stephen JoynerWhen we are undertaking a major retrofit, I always produce an electrical diagram (floor plan showing all fixtures, receptacles, switches, circuits) and review it with the electrician either before we start or during demo.  

I don't think I would demo it.

If I didn't feel that I'd estimated out-the-yin-yang already I would try to do COC ROI, Total ROI, and Cap Rate ROI. 

I eat, live, breath that space day in and out.If you want a primary lease term you have to pay more rent and give higher annual increases or you have to back off of the cherry locations when talking with a developer/owner.Why don't you just buy older buildings to do demo and own the land and building and then do a sale-leaseback situation to get your capital back??

This could happen by breathing the dust from sanding and/or demo or by eating the paint chips.

:) I graduated undergrad at MTSU and I still go back as often as I can to hang out with friends, eat Demos' and cheese dip, and enjoy a little greenery.

I managed to secure two rental properties side by side which I intend to demo and according to my broker the City has re-zoned for a little over 6200 sq ft.  

Hard costs, soft costs, tap fees, actual construction, etc.I am working on a deal right now we are budgeting $175k per ft - from demo/site work to build to landscaping - all tap fees, engineers, architect, etc. this is for an 8 unit town home development reselling around $400k each.I see single family construction a little lower - closer to about $125 a ft all in.