I also have a contracting/remodeling background (mostly custom kitchens & baths) in CT, and am finally delving into the REI space too. 

Investment Info:

Single-family residence fix & flip investment in Wichita Falls.

Purchase price: $65,000

Cash invested: $65,000

Sale price: $225,000

Property was in a desirable location and h...

I'm curious about whether you've tried to model the effects of remodeling alone.

Major remodels generally don't pay back in value unless the comps in the area have certain features. 

Well technically NO.... the unit meets code for the codes at the time it was built/remodeled etc.

We don't have a ton of capital so we have to be careful and don't go crazy on spending either on the house itself or remodeling.  

No remodeling and no major fixes.

We submitted for a remodel permit on February 1.

Hello real estate broker said property will be up for sale under market value 2 bedroom coop in Woodside, NY area in the 400k range value range for a fixed up same apt is listed and sold 545k same size 950sf to remodel all of apt am assuming 50k cosmetic remodeling not in the walls.

Make sure you have a backup plan (ie STR rental, remodel the units to build equity in the house and sell, stay longer than 1 year, etc).