I could manage more demo myself next time.

This could trend up to the ARV over time or down if the flipper messes up (over demo’s the place, doesn’t pull permits, shoddy work, etc.).It’s important to understand the basis of the LTV and there’s certainly no standard among the rehabbers I know.

Go with $100,000 for demo and dump.  

January - Surgical demo of the existing house and site work preparation takes 1 month.  

@Dixie Yang thank you for sharing this info!

I also advise trying out the demos from the companies that offer them, and steer clear of the companies that require you commit to a year before using the software.  

I've seen it demo but have not used it.One thing I would say though is if you are going to buy in Texas, you want to be in Texas and know exactly what you are buying. 

He demoed everything down to the studs and just started fresh. 

Demo is done.  

Everything needed to go, either because of failure or simply very outdated, and once the initial demo was completed on each unit we would then see the further extent of termite damage.