It is fully furnished and I didn't really want to take time to sell everything right now, so threw out a  listing on Craigslist for a fully-furnished home for rent figuring it was a long shot. 2 weeks later, got an email from a family that just had a house fire and need to rent somewhere for 6-12 months while they rebuild.  

Hi , I am looking at purchasing a single family in nyc to tear down for reconstruction purpose, I am thinking to put down 20% Dow payment, rest for mortgage , but how do I fund the reconstruction, which I'm estimating...

Would like recommendations as I may come across some potential knock down and rebuild opportunities in Pal Park.

I usually live in my homes for a few years before I put renters in to rebuild my reserves and find the next opportunity.

I'm in the process of rebuilding my team and would love to know if you have anyone you would recommend.Thanks!

Gutting to the studs and rebuilding an average bathroom doing some higher end finishes should put you in about $1500 in materials if your smart about what you spend a more money on and what you don't.

We are in the process of rebuilding our inventory.  

Looking at some of my own properties I see numbers a couple percent under that, however I had to make some adjustments for unnecessary repairs (upgrades) that I did, on one property I had a big issue from a storm that took a $1000 deductible which put it well over that mark but since it's not a typical cost I removed for this; so with that kind of stuff in mind know that you need to be prepared for greater and when I take these things off for this purpose I do not ignore them which is why I have a good reserve fund that I always hold for nontypical repairs (when I tap into that reserve I shift all cashflow into rebuilding it before I do something else with it).

Value or Purchase Price, 2nd could be DSCR - Or Debt service coverage ratio, basically just rents vs. debt service. 3rd could be rebuild cost and so on.

If it's a 2000 sf house and you need to tear it down and rebuild, your cost per sf is probably $100 to $200.Learning to estimate rehab costs takes time and effort.