Multi family Brooklyn house hacker needs rehab advise

[Toby Jackson]

I am looking to buy a multi unit property in Bed Stuy, Bushwick or Crown Heights that I plan to live in and rent out the other unit(s).  I dont expect positive cash flow in that market but at minimum I want to offset my mortgage expense for my unit with rental income.  I have a budget for what I can spend on the purchase and renovation.  I am looking for advice from a developer or contractor who can give me an idea on a cost per sq ft basis to do builder grade renovations on the rental unit(s) and a high end renovation on the owner occupied unit. Since the total reno cost depends on the condition of the structure, I only want  to get a $/sq ft estimate after 4 wall sheet rocking.  I have a PowerPoint deck that lists examples of appliances, fixtures and floor coverings that I would use for the owner occupied unit along with the corresponding  retail prices if that helps.  I want to get a rough cost per sq foot estimate to insure that my total budget is realistic.  I would love some feedback.