I have a possible opportunity to get a boarded up duplex in the city of Phoenix that may be too expensive to rehab.I also have a new buyer who only buys vacant lots for building new construction.What is the typical cost for a complete demo and removal of a block home that was built in the 1950's in Phoenix?

I had a garage that was caving in and needed to be torn down to just make a parking pad in the backyard, hired a guy to come out and demo and he brought a power saw and extension cord.

- demo/paint/carpet/cabinet replacing/exterior painting/landscaping/fixture replacement/cleaning?

I do however show up for demo on most rehabs because destroying stuff is a great stress reliever for me....putting it back together is just too slow to do anything for me.

Problem is, I'm not sure how thorough an inspection can be done until I own the home -- I'm sure the bank/listing agent wouldn't appreciate me tearing walls out to see what lies behind.I can demo the walls myself.

If the house was a foreclosure or the sellers were desperate, there's a good chance of deferred maintenance -- this means the hot water heater is likely old, the fixtures are likely old, the cabinets/vanities are likely old, etc.Btw, even if it were just paint, carpet and a kitchen remodel, you're probably looking at a minimum of the following:- Demo/Dumpsters: $1000- Paint Whole House: $2000- Carpet Whole House: $3000- Cabinets: $3000- Countertops: $500- Appliances: $1500- Rough Plumbing/Electrical: $500That's $11,500 right there on the low end, just for paint, carpet and kitchen...

My most recent was $9 a hour for simple manual labor, demo and cleanup.

Once you demo the slab, it isn't that much work or cost to run new sewer and water mains.

You might find yourself creating a situation that looks okay on paper but gets overturned in an audit because it lacked economic substance (substance over form).The IRS would likely challenge the use of multiple entities and an ESOP.Once upon a time you could donate a property to the fire department to burn down, take the donation and essentially have a property that was demoed and ready to rebuild.The bottom line is that many of the choices that might have changed the outcome today have already been made.

You may be able to demo whateve's left, clean up the mess and sell the lot.