He  / she can co-exist and share habitat with kitchen company, granite guy, electrician etc...I paint after demo / cutting walls / then do touch-up as needed in puchlist.

I am a big fan of their team and had an opportunity to demo their general ValueReport and Dynamic Value Report.  

I have seen countless horror stories unfold.Story 1: I had a buyer purchase the lien with surplus, during the redemption period the property was demoed by Department of Code Violations.

Systems Built: vetting and selecting contractors (goes without saying how important this is), writing joint venture agreements (which helped immensely in this project), building contract document packets (for holding contractors accountable), processing hard-money lending (must understand the nature of this form of lending), creating initial material management processes (this is one expense you have total control over), selecting builder's risk insurance policies (must haves and what to know about coverages), managing the finances of a project (this is critical to control and tough to implement), and more.Placed this property under contract in late Dec 2016, closed near the end of Jan 2017, allowed the previous owner to holdover with rent back for a about two weeks, and began demo a few days into Feb. 

If your target renter demo is students, many students might already be locked in at this time given the timing of the school year.

Make incremental changes according to shape a traveling demo that fits your style of hosting and it’ll happen.

I was that high school kid hired to demo a lot of plaster and lathe, btw.

My contractor would do that demo job for around $4000-$5000 out here in AZ.

If you are doing the demo yourself, look into the protective gear you need so you don't breathe it in or get it in your eyes (I'm not a contractor but my understanding is that asbestos fibers are very tiny and there are specific items you will need to properly protect yourself). 

Since you already got red tagged maybe you can tell them you aren't planning to spend over $1,500 on demo because you're doing it yourself.. but you should make contact with the inspector and start getting your permit lined up to avoid issues down the road.