Having a hard time estimating rehab costs in order to make offer.

[Gurjot Grewal]

Hello BP

I'm planning on doing a long-distance BRRR. Currently making offers and looking for a deal. J Scotts' book on estimating rehab costs has been helpful, I'm almost done reading it (will probably re-read it). But when making offers at a distance I'm still having a hard time estimating rehab costs, which is making it hard to make an offer.

There's a property on the MLS that's been sitting for 100+ days. I can see the kitchen, bath, flooring and walls all need work. On google street, I can see the siding needs work. One room has a hole in the ceiling. In some pictures, the lighting is on so I can assume some of the electrical is in working order. It's a 1800sq foot duplex.

How can I come up with a rough rehab number to see how much I should offer on this? I am educating myself on developing a scope of work and I know after a couple of deals I will start to grasp the numbers better. But for now with it being my first one, how can I get to a ballpark number in order to make an offer. Of course, once under contract I will have a contractor walk it.