Love the strategy of doing the work that so few others are willing to do.

The seller seeing the interest in their land, naturally did not want to budge on the price.

would love to connect and see if i can offer any help

In part because the sink is under the window which to me seems like a natural spot for it. 

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property? 

For some reason we human love to try fighting nature, thinking we can "tame" it, despite failing a whole lot at it. 

@Arron Paulino Your posts illustrate the challenges of exiting SFH's in markets where the natural buyer is another investor and not home owner.

Would love to connect sometime as well, I'll shoot you a PM

This is where everyone started.Residential investing is very forgiving by nature, you have to try hard to really screw it up.

The Reno MSA already has natural topographical land constraints, and there have been studies about land "running out" here in less than 10 years.