At a 98K price, we have determined it would not be profitable based on the fact that costs to remove lead, demo, level the ground, and build the duplex would be around 260K+.The seller bought the property as a burnout for 43K and we are considering negotiating on the sale price.

(I forgot to mention, their current house would have to eventually be demoed in a 2 or 3 house scenario because it sits dead in the middle and they would have to move away for a year while everything was happening).

@Jonathan Yu Yang Lo Good afternoon man.

Granted some houses are too far gone and should be demoed, but mold and other issues can be managed.

We made the mistake of demoing 2 trailers that had roofs caving in. 

The land is worth something and if you demo and find a nightmare you could abandon it without too much pain. 

I'm looking to remodel a SFR that includes, demo, installing can lights, flooring, painting, and shower/tub installs.  

If they decide to install a new roof on the house, but only get through the demo phase, and quit before a giant monsoon, etc. how am I protecting this down side?

Hey, Can anyone recommend a demo service to remove old appliances, carpets, tiles, and random junk from a property? 

(Even if you start as a low pay demo guy).