Our family business is General Contracting but we focus on commercial interiors so we work with a lot of commercial brokers and talking with them and commercial bankers at a lot of mixers is just seems like everything is smoother at those levels including the contracting!

If your property manager presents this quote to you, for 14K, then the property is either in need of complete cosmetic turnover (new floors throughout, interior and exterior paint on walls, ceiling, trims, new countertop, cabinets or vanities), or the property manager can't be serious.

Brick exterior, upgrade interiors,granite tops, hardwood floor, etc  

If I were to update it, I would focus on the following:Kitchen update (new countertops, cabinets, appliances)Bathroom 1 update (total gut)Bathroom 2 update (total gut)New flooring throughout (cheap vinyl vs nice hickory wood)Interior/Exterior paintNot sure which of these would have the highest resale value if I were to sell the place.

You say partially rehabbed and that pool and roof are done, but is the interior still in tact and livable?  

Refinished hardwoods, repainted upstairs interior, the home had an unfinished basement which we finished with drywall and carpeting.

He made exterior elevations and drawings, interior plans are to be submitted by architect next week after they return form holidays.As a high "I", I hate those "difficult" conversations, but as all of you have said, it is part of the growth and needs to happen, just gotta get my mindset right for it.

interior rehab What was the outcome?

Purchase price: $6,500 House needs some interior demo, kitchen, bath.

Some lenders will do HELOCs with no interior appraisal, which can save your bacon if the house is still under internal repairs.