I really like the tile in the bathroom. 

A license does offer a competitive advantage because, like Eric said, you can list your own houses and save part of the commission AND you can collect a commission on the front end essentially lowering your purchase price. 

I'm looking into wood vinyal which can directly go over existing floors so I can save on demoing the existing floors)-Bathrooms (total of 3 bathrooms)-Paint-(interior and exterior) I would appreciate and advice I'm doing this for the first time and I'm confused.Thanks 

Essentially I want to transition into Real Estate Investing and Developing in the long run.

Essentially, the Good Faith Estimate is combined with the Truth in Lending (TIL) disclosure, now called the "Loan Estimate," and the HUD-1 settlement statement is combined with the final TIL, now called the "Closing Disclosure."

It includes removal of cabinets and install of new cabinets with granite counter tops and includes the island in the kitchen along with 3 bathrooms.  

The other consideration is the front of the bldg has about 5,000 sq ft of empty office space / lunch room / bathroom facilities / Meeting room etc; How to best make use of that space .?

Will need windows, elect, sheetrock and bathrooms redone.  

You bought the home for $75k and claimed that as your cost basis, which essentially means you have valued your land at $0, which is incorrect. 2.

I personally wouldn't do much to the bathroom, I'd demo the kitchen, and a little bit of mild work otherwise.