I'm thinking to demo the building and hope that someone will pay 5k for the lot to get some of that money back.But I would love to hear if anyone else has a similar story or other suggestions on what to do?

I am in the process of doing demos for rent manager and Buildium and both seem robust.  

The last job, a bath tub demo, was quoted at $10k which is absurd.My condo will eventually be a rental and I am looking for a small, Seattle,WA based contractor or handyman that can help me with some small plumbing and electrical projects but who isnt going to force feed me italian marble inlays in my shower.Anyone out there have a good reasonable guy/gal who can help?

Hi Cameron, I think a great place to start is to go to the REI meet ups, there are a bunch of them in the area and you can choose the ones that are not product specific (some include demos of software products or courses).

Basically can send out an automatic monthly invoice for you, coordinate maintenance, etc.Someone at a Meetup was plugging their own PM SaaS (I'm in the Bay Area so this happens kinda often...) and they showed me a demo -- that also looked pretty good since they had Twilio integration which basically allows for you to push SMS texts out to your contractors, etc.

I’ve got a full kitchen, full master bath, 2000SF of tile demo and install, carpet, some minor plumbing and electrical, painting, etc..My Partner is a GC, but his crews are tied up on two other projects for another month.Thanks in advance,Justin

So, maybe the borrower finishes demo does some framing, then draws $10K on that loan.This way it allows borrowers to be fully capitalized, but protects the lender from over-committing capital until the property has progressed, therefore increased in value. 

We had someone help with the demo and the cabinets.  

The first 2 draws were basically spent on demo and removing debris from the home.

In addition to the cost savings in demo, you also have the advantage of being able to see behind the walls to know what the electrical/plumbing is like, if there is moister or cracks in the walls/foundations, and if there is an wood destroying insect damage.