Reno costs on a fully gutted 3/1?

[Pete Milenkovich]

I’m looking at a deal today I’m hopeful I can wholesale. It’s a 2BR/1BA just under 1100 sqft but can be easily converted to a 3/1. It’s currently gutted to the studs and needs all new mechanicals. I’m not sure how to estimate repair costs on a house like this as I’ve never actually done a flip before myself. Is this a deal that should be estimated with a generalized price by sqft  or a different way? Let me know! Thanks

[Marc Rice]

Quote from @Pete Milenkovich:

I’m looking at a deal today I’m hopeful I can wholesale. It’s a 2BR/1BA just under 1100 sqft but can be easily converted to a 3/1. It’s currently gutted to the studs and needs all new mechanicals. I’m not sure how to estimate repair costs on a house like this as I’ve never actually done a flip before myself. Is this a deal that should be estimated with a generalized price by sqft  or a different way? Let me know! Thanks

I've seen clients' single family 1250sqft 3bd/2.5ba be $80-140k range depending on how nice of the finishes and if the exterior needs all new siding, roof, and building a garage. I'm happy to analyze the deal based upon photos/videos if needed. I've done a lot of rehabs here in Columbus.