I would have had more offers going in but personal issues made it so that I needed to deal with personal stuff, keep the remodel business humming along, and trying to buy property took a back seat for a moment.

It was newly remodeled.

A cape built in 1900 that has had a new basement poured and a new 200amp electrical service.It needs a new kitchen, 2 bathrooms, the entire upstairs is empty to the studs, the downstairs needs to be sheetrocked, some remodeling downstairs.

I did most of the work myself in hopes of gaining knowledge of the skills/tools/materials involved in remodeling.

Here are some of the things that I do for them:Prepare and update budgets and timelinesPrepare or review vendor contractsMake sure W-9s, insurance certificates and lien waivers are receivedAssist with preparation of due diligence itemsOrder surveys, appraisals, inspections etc. and make sure they are received on-time (or sooner)Review and prepare closing documents for signing (after received from the attorney)Coordinate closing with broker, real estate agent, title company, lender, etc.Full charge bookkeeping including A/R, A/P, FinancialsPrepare and submit draw requests to Lender's for payment of contractorsThere are a lot more things I can do for local clients, such as meet contractors to receive bids, check-in on remodel sites, etc.Usually the REI's locate the properties and do comps themselves.

The owner is in pre-foreclosure: 51 days, he has until mid February to do something (90 days/AZ) and moved out of the house a month ago.The homes ARV/retail price is about $250K, (home is already in good shape and mostly remodeled)His original purchase price was $114K.

I am planning to remodel one bedroom 10' X 14'.

We remodeled a house last year with wood paneling.

Ok, you guys tell me if this will work and what else I should be thinking about.The project is to purhcase and remodel/repair 2- 4 unit apartment buildings.

We remodeled this house from sctach.