Rehab cost on a flooded home

[Habbak Burs]

Hey BP,

I’m looking at a couple properties in Houston TX. They are flood damaged.... home has been stripped down to studs....

In this type of situation what would rehab costs generally be? This would be my 1st rehab

I know that everything depends on the condition but what I’m looking for is does a full home rehab like this generally run 30K or more like 100K that way I can analyze some numbers to see if it’s even worth going deeper into it....

Any advice would help

Thanks