By that methodology, your price to rehab both scenarios would be the same which is ridiculous at best.I am a rehabber as well and I can tell you that the ONLY way to estimate yoru costs is to have the knowledge and experience necessary to know what specific items cost so that you can plug THOSE numbers in, not some GENERIC formula.

Thanks.I did a quick search, and did see this at the top of the Wisconsin Statutes & Annotations page (http://legis.wisconsin.gov/rsb/Statutes.html, in bold print no less: "...Searching by chapter titles for the desired subject matter is not a dependable method for finding all applicable law unless you know the book well, for the specific item you are looking for may not be in the chapter you select."

Many locations require a few specific items, like smoke and CO detectors, be installed even if you're doing more minor work.If you've just bought these properties, and are about to do work on them, a city inspector can usually advise you on specific things you need to do.

My LLC docs are 42 pages in length and have very specific items as it relates to the business.

While there are laws protecting tenants, just make sure that your property is covered by increasing a deposit or stating specific items in the lease that would leave your house in 'rentable' condition.

My agent and I worked out a template contract, then he could just copy that for each offer and fill in the offer specific items in just a few minutes.

If the Attorney is experienced in that area working on that specific item, I would tend to believe in what they say as an Attorney. 

@Chris Oligee you need to do some high dollar marketing to find such specific items.

I follow along with FL Realtors, BiggerPockets daily emails/blogs, and I have Google alerts for FL Real Estate and a bunch of other specific items to keep news flowing to my email inbox.Many free options to keep the knowledge coming.

If the answers are any of the following:1 - More than I have in seed money, or too much to recover within a year,...or...2 - Not enough profit to fund my next move, so my seed money remains unspent, ...or...3 - Not enough to pay for a specific item per month as required by my Plan,...I pass on the deal.