I did one of these houses in 2006 - cut out the subfloor and drywall (about one foot near the floor) and replaced.

$/square foot and square footage is lower, so purchase price and repair costs are lower.

Could anyone help estimate a ball-park number to turn part of an unfinished basement into a 700 square foot apartment (either a large 1-BR or small 2-BR, one bathroom)?  

We worked on a project where we were purchasing a lot to build a 30,000 square foot commercial building. 

For our metal roof installs, we strip the entire roof every 2 foot with regular pine 2x4's horizontally screwed into the rafters and on the edges vertically with treated 2x4's.

I'm okay with that, as I'm more focused on getting my foot in the door.

[You could remove any specific address details first].As for not wanting to refi, I hope you realise that here on BP, that's similar to saying: "I like the idea of shooting myself in the foot"!

This is why property A can be bought at the lowest price due to only 2 out of 9 units are currently rented, however it's in a rural area which can influence future vacancy and, as I described, in a best case the rental income per square meter (or square foot) is the lowest of the 3 deals. 

and his comment was the these reits and syndicators building new buildings like mad are in jeopardy... building costs have risen to 400 a foot for these buildings so a 1,000 sq ft 2bd 2 ba is running 400k out the door New mid rise construction... rents are 2.50 a foot  and tons coming on the market... he predicts a flood and lower of rent.. and with Syndicators and reits they are highly leveraged to the point they will see no returns and or He said he knows of the first one that is defaulting already on its mortgage.. cant get occupancy up and quick enough..

Dip your foot in the pool before jumping in.