Finished a few flips.

Mark, if you outfit it yourself, it perhaps would cost between $15000 to $35000 depending on the fit and finish.  

We wouldn't really be interested in buying the house and holding it - we have a goal to start August 1, we were just a little nervous about purchasing the house, starting the renovations and then not securing the financing to finish the deal.  

It has a finished entertaining area with a kitchenette and a bathroom.  

I just finished the home study courses through Kaplan, trying to get signed up for my state test immediately.  

Not a horrible sentence, but you'll need to finish out the thought of what potential the property/neighborhood have.  

It's a new city that was never really finished.

I have talked with several people within the code department and they all say once the house is finish and up to code the city will only assess the administrative cost.

Maybe my view is skewed, but I see a non relative home occupant who wants to have as much free "time" in a property he doesn't own before its foreclosed on so he can live rent free while he finishes the work on his own home.

Chances are, they are unlicensed contractors, and you could recall your payments made to them, let them finish the work, and sue for inconvenience.