The rest of the house needs to be fully gutted to the tune of 12-15k materials only as we will be doing most of the work.Numbers look like this:Asking 55K      (Offer?

Appreciate guidance on high value materials, as there is so much to choose from.  

I'm stunned at what it has done and is doing for some fairly tough areas.  

I've been studying a lot from Phil Pustejovsky's online material.

We bought some roofing materials from Menards, but all the finished items are from Home Depot including the backsplash.

Ive got my situation back together and im ready to give it another go but ive heard people saying that its tough to make a profit because marketing is so expensive in most cities.

But even in Milwaukee it's tough to find these days for a rehabbed property in a decent neighborhood.

Some of the issues that would be addressed are: Death or Serious Disability of a Partner/Member;Withdrawal;Assignment of Interest;Failure to Contribute Subsequent Capital Contributions;Material Breach of the Agreement; ETC....Any potential issues that could arise during the operation of your business, should be talked about before the creation of any type of entity; then once discussed, put down in writing in the agreement so each person agrees to the outcome BEFORE it even happens.In the event that a Partner/Member violates one of the provisions of the agreement, they then become personally liable for any damages caused by such breach. 

Are there cost effective options in terms of material? 

Basically, everything will be covered.LABOR COST: Interior: $2100; Exterior: $2200MATERIAL: $1900 (paint for interior and exterior)A/C UNITS: 2 units are required.LABOR + MATERIAL: $4750 EACH ($9500 for the pair)