Even if 20% of the homes in that area get a remodel or torn down for a new home in the next year or two, what other percent of them do you think are habitable right now for a professional of any age?

Here is the P & L from January 2020 through July 2020.Many of the insides of the units have been remodeled or look nice enough. 

Another great place to look is to see what finishes are being used by new home builders in the area.Once I've assessed the level of finishes needed, I take my most basic remodel rate and increase by 15% for every level of higher end finishes required to match the neighborhood standard.

Many will require significant remodeling including foundation issues and replacement of cast iron pipes, but can be worth the effort if the purchase is made well.

I paid cash for my home so  I will be considered a first time home buyer for the building I plan on using the FHA or conventional loan and the equity loan to remodel my home.

Remodeled the kitchen, put in new tile, repainted the whole inside, remodeled both bathrooms, and updated light fixtures as well.

For ex: if I am moving a property that was built in the 1920's, I will use comps only from remodeled homes between the years of 1920-1940.

This could be an opportunity for you to get some highly skilled help to finish your flip, remodel or other residential project.

What percentage have been torn down and rebuilt, or remodeled?

Changing the roof, remodelling all units and raising rents to market rates.