Do you know how to estimate rehab costs? 

Borrowing Against Equity: Costs and ExpensesCost of Cash-Out Refinance or Home Equity Loan:Interest Rate: Assume a 4% interest rate over 30 years.Monthly Payment: Approximately $716 per month.Total Interest Paid Over 30 Years: Approximately $108,000.Closing Costs:Typically, 2% to 5% of the loan amount.

What would you estimate the additional labor hours to be annually for reading, processing, etc?  

Situated in Houston's vibrant inner loop, it ranks among the city's most coveted and rapidly expanding neighborhoods.Job Growth: Houston is expected to add approximately 57,600 jobs in 2024, continuing its trend of robust employment growth.

My estimates were much higher.

What we're struggling to understand is how to underwrite/estimate the paper losses that a MF would produce and IF this strategy is worth it from an income/tax savings perspective.

And they can give you an estimate.

So even popular rent estimate tools seem a little inflated unless you're outpeforming the competition with what youre offering.

Estimate potential rental income and factor in a vacancy rate.

I estimate that will take about 8-10 months to get where I want to be.