I am on Day two and we are 55% complete with the demo .

Over that hard costs get 90/ft ish for entry level mansions on up from there.Lots tend to be ~25% of ARV.On an entry level home (350-450) numbers break down a bit like this:lot-70k2500 sq ft home-175k (hard costs)permits/demo/etc-10kish185-190 for the house and lot.Itll be another 15/ft-ish to pay the project manager, or do an equity split.House sells at 160/ft

Foundation and demo start tomorrow!

Then I would have to demo the property and most likely be out several thousand dollars.

I was thinking on the 1st couple of houses maybe paint or demo or something I can't destroy. 

I closed on a house in Denver yesterday that I intend to scrape (demo).  

Some days I'm a demo guy, some I do tile, some I'm mowing the lawn.

I recently redid a bathroom in a 1920s house where demo that would have taken a half day in a 1970s house took 3 full days days.

If all goes well we would start demo in a year.

Developer purchased a house with a 10k lot on it for $749K.The plan is to demo the house and build a new spec house on it to sell for about 2.5 to 2.7m.Developer is offering me a  1st mortgage on the property in exchange for a $550K loan at 8% interest rate with interest payments made monthly.