More to the point... you cannot realistically project home values 20yrs out.

Redevelopment is complicated, engage a broker who has experience with such projects and who can cast the net far and wide.

It can be a bit of a pain, but I found this is just the best process.I have used Simplisafe, but the challenge is the project has to be far enough along to have power and internet so you have a stable conditions for the alarm system.

I have good contact with contractors but need to learn more on financing my projects.

Or you can go the "pocket" or "insert" window route but sometimes getting them past the inspector is tough due to proper anchoring.Good luck with your project.

Working on my first project with a partnership of 6. 

I will post some pictures once project is completed. 

When I have done reno projects in the past, they only required Builder's Risk for flips or very distressed properties I was going to buy and hold. 

Two of the properties were significant rehab projects, and both turned out successful.   

.$215,000 Purchase Price$3,800.00 Projected Monthly Income (with all 8 units rented)(Current rent is actually $2,850 with 6 units rented)$2,177.50 Monthly Expenses$1,622.50 Monthly Cashflow13.92% Pro Forma Cap$29,928.00 NOI13.92% Purchase Cap RateTotal operating expenses: $1,306.00Mortgage expenses: $871.50 Vacancy @ 7%: $266.00 Repairs @ 5%: $190.00CapEx @ 5%: $190.00Insurance Est.: $60.00Management @ 10%: $380.00 P&I (30 yr, 4.5% estimate): $871.50Property Taxes: $220.00***Total Monthly Cashflow using 50% Rule: $1028.50