I would not trust the software, it may get you close or in the ball park, but even then I would still double check the numbers.Since you are already drawing the layout, etc, just call around and price the materials from big box stores like Home Depot of Lowes, or whatever is in your area.Also, get with a GC and get an itemized cost estimate.

Currently I paid him his first draw of 30% of total project and his work is clearly not even close (inspection from lender still pending to confirm).

I just want to confirm that this means I cannot re-sell the property for 180 days, yes?

Part of it was a learning curve(i.e. check public eviction history prior to meeting applicants there if you don't accept those who've been evicted, or having them call to confirm the day of showing so as to not stand you up) The other part is our strict criteria (current home inspection, employment verification, landlord verification) we invest in a working class neighborhood where people tend to shade the truth more often than not.

We also call all of our investor sign-ups and have generally confirmed their status prior to their commitment in any investment opportunity on our site. 4.

Has anyone used a software like Realquest?

I read a bunch and you just seemed to confirm what everyone else was saying. appreciate it.

My day job as a software engineer (Which I love by the way, so it's not like I want to quit it to go into real estate full time) takes up a lot of my time.

Confirm with your Accountant!

Going to see this today, but appears to be B class neighborhood (will confirm later).Expected Rents: $650/unit = $1,300/month.