However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

When you’re ready, I’d be happy to help with financing solutions to make your next project a reality.Drago

How much upfront costs are typically involved in a project before you know if it's a viable project to pursue? 

Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another. 

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

These syndication can provide an 8%+ cash-on-cash return - providing investors monthly cash flow - and a 15-20% IRR over the length of the project.

Every project needs a quote and you should be able to estimate the material costs.

Ask them if they have any projects they are seeking hard money on.

Quote from @Scott Scoville: Just finished one of our bigger projects.

Personally I was not stoked on the engagement fee and on that particular project, the listing agent (who promised to notify us if anyone else was kicking the tires on the lots) sold one of them and the project didn't make sense at the new number or units.