I was surprised it was so low as there is a lot of work to be done and having remodeled two other homes in the past I feel that it cannot be brought to the original condition for that price especially considering labor costs form a licensed contractor.What kind of recourse do I have to contest this low amount?

We remodeled the interior of the house, working around a boat that was in the living room (yes, you read that correctly, a boat... in the living room) for about 3 months.

The unit is all brick, brand new roof and 4 out of 5 units have been completely remodeled in the past 5 years, roof is les than 5 years old, all electric head (no furnaces!!!)

I have spoken with one contractor in regards to the remodel and he said it would be difficult to give an accurate bid because it would all be done by the hour.

I won a home during the 2019 tax sale in AL. The house was pretty run-down and I have completed the reno. The previous owner occupant contacted me asking to rent it after it was finished. I am obviously leery about al...

For example I find a house that needs a kitchen remodel (new floors, sink, cabinets, etc) by looking at the pictures provided online.

-Estimated home value: $1.7mil-Current credit scores around:Experian FICO Score 8 = 760; FICO Score 2 = 785TransUnion FICO Score 8 = 735; FICO Score 4 = 770Equifax FICO Score 8 = 755; FICO Score 5 = 735-$25k outstanding credit card debt, $700 min monthly payment-$400k in student loan, ~$1200 monthly payment on income based repayment plan-W2 income ~$180k, which is base + annual bonus.Since we invested heavily in the property over the past few years, have paper losses, total income around 2018 137k, 2017 100k-Rental Income:Airbnb income was around 70k in 2018 with significant down time for remodeling.

Because it was a quick and inexpensive remodel, we decided not to use our hard money LOC.

Appreciation (forced: remodel, natural: in cycles)4.)

I think that doing a lot of the work yourself on your first deal can be a really important learning experience, because that way you'll understand forever how much work goes into that and you'll learn to understand how remodeling works.