Estimating Rehab Costs

[Shawn Daniel]

Happy Friday Everyone!

I've recently noticed that, as I'm trying to get my REI business off the ground, I haven't had much experience in calculating rehab costs. This is a huge part of wholesaling (my starting point) and even more-so in fix and flips (where I would like to end up).

Would it be worth my while to find an investor/contractor who I could possibly shadow to help out with understanding the basics? Or is there a magical form that I can follow as a checklist?

Thanks for any insight!