Determine how much the remodel will cost to include holding cost and get a good estimate of what the property will sell for and then figure if that leaves you enough profit to make it worth your effort.

Was it remodeled, workshop, ADU, landscaping, fixer, etc...

I remodeled her bathroom, upgraded her kitchen a little and added central air and other things.

We did the design and remodel.

When looking at the property, it was not finished; In other words, the promised remodeling was not complete.

You need enough time to earn healthy returns, but not so much that your kids graduate before the sale.Considering market cycles, five years is a modest stint in which to invest, make improvements, allow appreciation, and exit before it’s time to remodel again.A five-year projected hold provides a buffer between the estimated sale and the typical seven- to ten-year commercial loan term.

Remodel Costs $115k. 

I've noticed in my market that the discount to buy fixer condos is greater than the actual amount it takes to remodel.

Remodel bathroom, Yada yada yada.

. $350k - $450k is a good price point to get you a property but depending on the area, you might need to do some remodeling, unless you want to look on the south side, where you can find a pretty turnkey property for those price points.