Best regards - EmilioLand Purchase$100Remediation and Demo$1,000,000$500,00050%match from govTotal Acquisition costs$500,100SF Per Unit760units100total SF76,000circulation38%28,880Grand Total SF104,880Cost Per SF$95$9,963,600Fees/permits10%$996,360Total Costs$10,959,960Contingency5%$547,998Total All Costs minus acquisition$11,507,958Paid By City50%$5,753,979Costs by Developer$5,753,979Amount Financed $4,000,000Equity Required $1,753,979(with acquisition costs)$2,254,079Monthly Mortgage Payment $28,0007.50%30 years 10 year balloon renewableunits100Rents750Total Rents$75,000Expenses 50%$37,500NOI$37,500Monthly Cash Flow$9,500Cash on Cash Return5%After doing the calculations, I think it could work, but it seems unrealistic.

After demo I will have round $57K into this dump for a piece of land. 

I would say the demos are better in terms of population numbers and growth.

I don't remember what guest and I'm not a podcast junkie, but there was someone demoing down to the basement and then re building up. 

I funded the whole rehab, assisted on demo, and did the exterior landscaping.

Ran into this material while doing a demo.  

You can see a demo of it and get a 30 day free trial at www.thepropertyledger.com

I recommend you try demos of several different ones and see which service provides you the best value.  

Something to keep in mind before hiring the demo guys and resetting all your build lines. 

What is the best way to approach getting the water out, doing the demo on the walls & flooring, cleaning the mold, and rebuilding the basement?