A fiend asked me to loan him money for 3 properties that will be demoed and 3 row homes with 3 apartments each will be built.  

We demoed and redid the bathrooms and kitchen, knocked out a few walls, replaced all the windows, all new floors, new lighting and electrical, paint, roof, etc.

We just closed on 22 units mid march and went back and forth on whether to organize the reno work schedule ourselves (schedule the demo guys, painter, buy floor, schedule floor installer, install vanities/fixtures, etc..) or just hire a GC that would oversee the whole shabang.We ended up hiring the GC and the work has been good overall, but we're not as happy with the timeline.. we have a 18 month term bridge loan in place currently and planned on having these initial units done in half the time it has taken the GC.

@Theresa Harrison believe you can also charge for at least the demo and maybe the install?

You just need to figure out who’s the peanut butter to your jelly , ying to yang.

Thanks for the info Demos.

Demo will be starting Monday.Anyone have any tips or suggestions on how to properly tackle one of these old beauties?

Even though the house is only about 1,600SF, the demo took longer than anticipated because of the extent of the vandalism.  

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-lot cost-closing cost-utilities cost to disconnect and reconnect-demo cost-permit cost-architect cost-build cost-realtor commission for resaleFor anyone who has done a deal like this before, what is the minimum profit you would need to make to consider this a deal?