I don't believe he is a member of this forum, but he does great, detailed, and well thought out work, and has been in the game a long time.  

I would bring in a drafter or architect to assess it and see if you only need the building plans and pay permits: Building plans about $3k to $4k since everything is done... and city permits about $4k to $7k and make sure that you don't have to do anything major... front foundation could easily be $5k or more plus engineering work and stamp. : so, assess all systems and see for obvious things like : garage door, ceiling height, perimeter foundation and drainage, framing if you can, attic space, electrical, plumbing etc 4.

Some desperate first time home buyer will totally underestimate the work and pay full fare.

However, repairs or improvements must be permanently affixed and add value to the real property.Costs and Escrow AccountsThe costs of the renovations will be based on the plans and specifications for the work and on the Construction contract for all of the work requested by the borrower.

Most importantly doing the work and being accountable to the work can help make sense of; how the goal was attained and how to duplicate it. 

The way I see it, you'd better get to work. And

They make their living from this work and deal with more hassle than you can imagine, based on what I know from some of my realtor friends.

the comparison really should not be to an existing home because you are doing development and the associated work and effort.  

The brightside of this is I will take way more time in researching, off your recommendation I went on youtube and have been studying till 4 am after work and have made up some Excel pages to really put down what's really going on and I noticed that a lot of what people are talking about is what I'm doing the only thing that I need to work on is my pitch, confidence when talking and overral experience.AND THANK YOU!

Also take care of your properties and your tenants (LTR's).I have had tenants thank me after an eviction because they knew I went above and beyond to make it work and I keep my properties in great states of repair.