My ultimate goal is to generate $11K per month cashflow which I will be able to do with 7 properties provided they are all paid off. 

Why not just advertise it as a 4 bed/4 bath and promote the apartment as its own private suite? 

Ultimately though, this is not about me, I'm here to help you achieve your goals. 

The chaos, the moving parts, the never-ending demands—it felt like herding cats on a caffeine rush.Then I discovered syndication—the ultimate strategy for scaling in real estate.

My point was that designing for ‘everyone’ can create inconsistencies in guest experience, reviews, and ultimately, revenue.

Ultimately after 15 yrs the mortgage has been paid down so cannot complain much.

Fortunately for them,  social media is an enormous and inexpensive stage to promote their nonsense.

I know there is a lot that I'm going to need to learn, and ultimately it will come down to how much the student puts into it.  

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property? 

We were looking to invest in the area, but ultimately decided not to for 3 reasons:1) The area has become too popular.