Anyone have experience with doing a rehab on a long distance property?

[Marc Shin]

Hello, Anyone have experience with doing a rehab on a long distance property?  I live in Virginia and looking to purchase a duplex in Texas. The duplex needs about $25K in work (update flooring, update the kitchen, update the bathrooms, paint the walls).  What are things i need to consider when attempting to re-hab the property when it's a long distance?

[Jonathan Greene]

Why are you doing this? Have you ever done a rehab nearby? What's your experience with any rehab on properties at all? Are you using a realtor and do they have recommended contractors?

The worst thing you can do is to choose one contractor and use all of their subs out of state. It will be easier, but you will pay 2x-4x more than you would if you were local and on-site watching.

What's your plan for watching the rehab? Who are your boots on the ground?

If you haven't seen it and the estimate is 25k, it will be 50k minimum. If someone tells you it's a 3-month rehab, it will be 6-12 months.