I am partnering with a long time friend and contractor and our Architect firm to purchase the property.

Around here, you can demo an entire house (raised pier foundation) for $10k or less, including haul away.  

@Jason Williamson both @Mark Nolan and @Justin Windham @Brian Eastman are principles in the very firms that you are looking for.

I am also the owner/broker of my own real estate firm Home Land Investment Properties.After spending a 30 year career as a government arts funder, I am also partial to developing artist spaces, and enjoy working with artists to find affordable studio, work and live space in the city of Seattle.Looking forward to getting more involved with BP!

My strategy If the 70% formula shows 67k and the seller is not going to give a price at all well I would start low 50k and show firmness, (DON'T say "Would you consider?")

@Sophia Berry the city/township will be able to tell you. i work for an appraisal firm & we are required to report whether an additional parcel is buildable with the city. they will also be able to tell you what the setbacks, etc are.

They mostly follow their own rules or rules of the firm that purchases the mortgages/loans on the secondary market.With that said, many lenders will require that all "managing members" or "General Partners" have credit scores that are above company standards.You won't know without calling a couple banks.

When I first started with my realtor I was making 52k, I told my mortgage broker that I was considering accepting an offer at another firm, and she told me to tell them to wait two weeks for the start date.I managed to get the company to hold off for two weeks, but they served me an offer letter Thursday that expired Friday for 65k with a start date for the 13th of May.

IE scheduling showings, entering tenant payments and following up on past due accounts, research, data entry, contract compliance, etc.There are a lot of firms out there that can cater to a specific purpose.

For side gigs I hauled hay, worked one summer in the oil fields on a pulling unit.