After the demo, there really is not much you can do to save outside of thinking outside the box on fixing whatever that might be that has come up. 

Quote from @Conte Cuttino: Makes sense @Andrew Freed so say if we I can make it additional legal space, do you think the 107K left in the property for the return is worth it or should I sale and move on? 

The license (if you aren't going to use it to sell) is worth it for access to the MLS and access to dumps the first day they on the market.

Will do it today. 

We finish a kitchen we do the same we get another 25%. 

I love the idea of financing land flipping since so few do it and I think it's the lowest bar to entry for investors who can hustle and are good with systems and calling (gold mine).

Or should I wait it out a couple of years until I have a larger amount saved up.

Where do you find private lenders?

If my boy turned 18 on April 1st - does he escape FICA for the first 3 months of the year and starts paying it from April forward? 

adjust your price, be aggressive on it and it will rent.