Bought a house cash and have been completely remodeling from the studs in.

There is a shortage.Home owners are remodeling vs selling and trading up because there is nothing for them to buy.A lot of data points to Denver staying strong.

You could also consider utilizing a company that presents deeply discounted deals that can be remodeled by them for you to utilize the BRRRR strategy. 

We completed a remodel in our home adding 3 bedrooms and a shower to a half bath.I get this is probably a stretch but for the electrical work pretty much all of it can be easily traced through the attic the only thing that is concealed is the wire drop to the outlets and switches that were installed.

I have agents, title companies and escrow, now I am looking for a General contractor who can assist me in the finer details of the remodel. 

It is typically much easier for you to buy "turnkey", however in my experince you will buy better quality from an owner who occupied the property than a hous that has been professionally flipped and the remodelling has been done skin deep.Cash and quick closing is not always an advantage.

My initial thoughts are to start him out at the asking price of $850 and then once the remodel is finished lower it to an agreed upon amount.Does anyone else have experience with this situation? 

I am also curious how you came up with 55k remodel?

I don’t build cabinets, I actually contract for a couple shops to install their product in mostly new homes and some remodels.

What do you guys think is the most efficient use of money toward a rehab/remodel?