No one has a crystal ball to know what will happen down the road. 

So that I find out doing my own calls to find out why the offers was denied even was just so close from asking price and Im willing to go with second offer, I found out that the place has reserve litigation issue and my agent who I rely on and keep emphasizing how we need to work smart dropped the ball again on me and didn't due enough diligence even he claims he knows how to do property searches etc etc which made me feel its an extra that he has, it was very sample to just ask the listing agent so not to waste my time neither his sending unnecessary contracts...

It's the ideal thing to do if you need a very precise analysis, but I think AirDNA is still a nice tool to make parallels with a larger margin of error, even if you don't know much about marketing or any other more complex tools!

How did you do in college ball?"

Where I completely dropped the ball is on the capital investment.

Also, don't be afraid to low ball.

Any general advice you can share on getting this ball rolling? 

There listings were "black-balled" and by a coordinated effort of NAR agents, very literally ran out of business.

I'll cosign @Andrew Steffens  number though and I have ran furnishings either between $15-20 per square foot as a really rough ball park depending on location/style. 

For that part of CT, I ball-parked a reno like the image from gutted to finished to be at least $600k on the low side.