First Mold Rehab

[Mike Hepburn]

I am told dealing with mold isn't all that expensive. House is an REO now in private hands. Columbus OH. Roof over kitchen is leaking. I know what to do about that. Does moldy drywall have to be gutted and replaced? Is there a rehab cost formula for this? x amount per sq ft

Cash Buyer comps in this area are 30 to 40K. I got the house for $16,900 Balance of roof is ok. Partial over the kitchen area, I hope about 3K. I am wholesaling this, just trying to determine how applealing this would be to a rehabber/ landlord. Would wholesale for 22K and am hoping rehab would be less than 15K. I always assume those cash buyer comps are also distressed and they have to do work above the 30 to 40K they paid for it. Any feed back on this would be greatly appreciated.

Mike Hepburn