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...

ThanksMark Yang

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.

Demo was just completed, we completely removed all the plaster and lath and are coming back with a full insulation package for the home.Is the house you speak of balloon framing?

I'm going to do some demo after reading this thread!!

I don't know that there's any one source for figuring out your target demo.

We closed on a property on Thursday (17 Jan) afternoon and started demo that evening.