We are trying to buy an old craftsman (2000 SF, 4b/2 ba, 2 stories) from an out-of-state heir.

BACKGROUND:I live in the East Bay (Oakland - Grand Lake) area of San Francisco and I've become friendly with my elderly neighbor this past year who is willing to sell his 3bed/2bath 2,500sqft 1906 craftsman, to me. 

For example, one of my properties is a 1915 Craftsman home in Arizona (that's old for AZ) and I can find tons of remodel and decoration suggestions/schemes online.

I just renovated a lovely craftsman with literally 100 years of nails in the oak woodwork.     

Purchase price: $170,800 Cash invested: $112,000 Sale price: $360,000 Hello Remodeled Craftsman Bungalow Home!

Quote from @Bruce Woodruff: I think @Nate Bell is pretty correct...you might want to go up to $200 SF based on todays prices....Best case is to have GC run by and throw a number at you, it'll get you in the ballparkA full gut in southern Georgia on a one story bungalow built in 1995 using day laborers, independent subcontractors and low end materials is going to be about 50/sf.The same full gut on a two-story craftsman in San Francisco built in the 1960s using a licensed GC and high materials is likely going to be more than $300 per square foot.Long story short, without a whole lot more information, there's absolutely no way to put a per square foot number on a renovation.

I work in the field of the travelling craftsman.

Purchase price: $385,000 Cash invested: $160,000 Sale price: $595,000 1910 Craftsman Revival in the heart of Durham.

What do you all think of the Cypress park area of 90065.We could possibly acquire a traditional craftsman house for $350-$360k Cash.  

The property is a beautiful craftsman home with a single 1b1b unit in the back and excess land.