I'm thinking of purchasing the property, finding another equal credit tenant as BK or better to lease the building at a slightly higher rate (about 15% under market right now), then having BK pay the fee and ultimately selling the property.It's a great area with solid demos and many other national on the same block, no clue why they couldn't survive.Thanks

As a home, this will have external obsolescence issues being in a commercial area, financing will be difficult and demand will be lower for residential use, thus the lower price.Might look at it as a demo, remove the house and build an appropriate structure or sell the lot, commercial lots can be much more valuable than lower priced homes.

.#3 is only happening if we bought it based on less bedrooms, and included the demo costs.Most likely is #2, but that would be location specific.

I have never dealt with mold before but doing some research all I need is:- Wear protective gear- demo the affected walls (the ones not dry)- Moldicide + vacuum it all and not use bleach(I don't have any air ducts so one less thing to worry about)- Wait a few days, look for mold and if none put back the dry wallsI can do it all by myself no?

It's already started...demo work at least.

HiI'm interested to know if others sell items found in their flips during demo.

Age of the comps can be important, if the subject property is not going to be demoed or rebuilt.

Hopefully this will let me start flipping without doing so much of the work myself.Currently, I've hired electricians and I'm doing the demo for all of the wires and outlets to save some money.

The wall vs roof unit will cost about $5,000 4 ton 52 MBH w/supp heating material and labor to R&R, 200 LF of 8" flex duct $1600 R&R materials and labor.If you are not doing any demo work knock off around $400.

Staircase again2nd floor demo for electriciansNew wires!