It's probably close to a dumpster full of stuff and furniture and then it needs to be demoed down to the studs.

Quick backstory, the owner is a widow who has no children or immediate family to speak of.

Did anyone buy used furniture?

If assets were acquired separately (such as furniture), the total project cost should not be allocated to these assets.Explanation of the treatment of indirect costs Indirect costs may be allocated to the entire project, a property class or a specific asset depending on the nature of the cost.

I showed a previous home to what ended up being a complete scammer but in that case, I wasn’t as worried because me nor my children lived in the home.  

My parents were always home and available to me as a kid, so I want my children to have that same experience. etc etc etc.

He wants all proceeds put into a trust and then divided evenly amongst his 5 children so that there is no falling out. 

We have financed our first two properties in the area with a conventional 30 year mortgage and personal funds for the renovations and furniture.

I was not happy that my tenants had what was going to be 3 days of no hot water with children. 

We removed both sets of furniture and the bed-bug-filled-mattresses out of the house.