The rent price is all inclusive and offers utilities, supplies (toilet paper/paper towel), cleaning services (common areas normally).

I am currently getting bids for the repairs/remodel, so far I'am looking at around of 20K - 25K  of rehab work.

I have experience working with my dad doing demolition and remodeling and would love to help out where I can.

I'm an architect and work in the tech department of a giant construction management firm, think 1M sq ft industrial/commercial projects and the only thing I can guess that you are referring to is a 3d laser scan, which is way to cost prohibitive to do for flipping/remodeling.

If we stopped making the payments, we would lose all funds that we expended in renovating and remodeling the property along with any equity that we added to the property.Second It is also in our best interest to fix up the property and either resell, or refinance as soon as possible.

Over the past 5 years, we've renewed, updated, and remodeled the building to attract better quality tenants (we have 5 residential units upstairs and another commercial unit).

It was a foreclosure which was remodeled to be able to rent it.

-will Contractor bids increase and will take longer to complete remodels due to high demand for labor?

There is some type of gray line here which I'm toying with but, basically, it means that it needs to have running water, electricity, cabinets, sinks, shower, toilet.

Replace downstairs bathroom vanity and toilet (they are quite quite old)?