Most of the houses with 2 stall garages are selling in the $110-125k range depending on upgrades and if they've added a 4th bedroom in the basement. 

Our "sweet spot" in our market- project size wise, I think we will end up in the $550K price range for our finished assets for the most part on the east side of the city. (2.)

The comps in the area range from 460-520 currently. 

He doesn't hang out here so I sent him your question and here's what he said:"My cost to paint would be $7650(1.25 sq ft inside/ 1$ outside), u can expect 3$ish sqft flooring depending on materials types, cabinets range from about 3800$- to nearly 20k installed for a set.

I generally buy in the 55-65 year old range.

Your TDOS should be sufficient.

Step #1 - determine if there's sufficient equity to pursue the opportunity!

A real estate attorney is probably not a finance compliance attorney, the good ones are probably in the $1,000-1,2000 range per hour.

Looking at around the 80k proce range.

Maybe this was related to "comingling funds" and such, but as I recall, the concept of LLCs for smaller landlords who manage and work on their own properties generally didn't make sense when an umbrella policy will adequately cover their assets.For the record, my husband and I own our house, a triplex, and 3 fourplexes, and our CPA advised us that a LLC likely wouldn't be worth it for us, and that sufficient insurance coverage would be fine for our situation.