They are motivated to sell because the demo just became too time consuming with young children and they could use the money.

Earlier this year we were just past the demo stage when a lady came asking about our house.

thanks.https://www3.gotomeeting.com/register/948275110according to the link:"New all-in-one real estate investor software DEMO w/ Than Merrill!

However, between demo and skim coating walls, buying materials, working a W2 job and spending time with the family, I was able to find another deal in my new farm area. 

You will literally find every demo in this zip.  

You have not given many specifics, but if the work is truly unforeseen (like termite damage behind drywall that was exposed in demo), then its your responsibility and should you be OK with paying the costs and the delay.  

The city was saying it would cost them 8,500 to demo the houses so they were going to try and give them away in hopes someone would fix up the neighborhood!

Normally I'm ok ( def not an expert) on determining repair costs and ARV but this one has got me stumped for several reasons; Asking price, Comps, whether to do a complete makeover of the home or demo the house and build a new one.Property in Question:Built 18606bd 3.5 bath2836 sftsits on 3.38 acres of landproperty concerns:Needs MAJOR upgrades: heating system, plumbing, electrical,roof,windows, walls,flooring, sunken floors in some rooms,major paint, appliances, kitchen needs full remodel, all baths need full remodel.Positives: House is structurally sound ( would recommend further investigation on this)the area is a very affluent rural area and property does have potential if done right.Comp #1Sold 4/28/16 for 389,000Built 19805bd 4ba 2753sftComp #2Sold 2/26/16 for 366,900Built 19554bd 2.5 bath2500sftARV of property 375,000 (average of the two homes that were less than 1/2 mile from property in question)These are the best comps I can come up with.

When it comes to rehab work, first few days are most likely going to be nothing more than labor for demo any way.

I've talked with several contractors about potentially jacking up the roof and replacing the beams, demoing the roof and rebuilding, and even filling the whole garage with dirt and sealing it up, but my usual crews aren't interested in tackling the challenge.