I would need to know more specs on the house but with material shortages It's difficult to say how much to budget. 80K-120K for full gut perhaps but unsure with lumber beings so expensive and shortages.I would plan 9 months of vacancy between the pain you will endure pulling permits & having your contractors show up everyday to complete the work & then final inspections to get a CO. 

I manage the property and the tenants, pay the owner of the property a rent that meets their mortgage plus a little profit, charge fair market rent from the tenants I sublet to, and exercise an option to buy the property after a predefined term and at a predefined price.This way tired landlords don't have to manage their property anymore, and I start investing with little to no money.

Delays: The project has been delayed by more than 8 months beyond the original timeline. 3.

I charge a really high fee and require the tenant to carry bite insurance.Inspections are done on a schedule and always recorded with pictures and/or video.

They said for me to come back in 3 months, because I had only owned the property for 9 months.

Keep all the hard systems on a 6 month service schedule.

We sold 70% of the packages off in 90 days and the remaining 30% were sold in 12 months.

We dug a little deeper and found out the city had a timeline to expand water and sewer services within 18 months.

I'm also an investor in the local market that has scaled my portfolio to over $10K+ month in net cash flow.

The permitting process is expected to take a few months to finalize.