.#5 Practice, Practice, PracticeWalkthrough potential rehab properties (or find properties virtually online) and practice creating detailed scopes of work, quantifying repairs and estimating rehab costs for the projects.#6 Get Your First Rehab ProjectYou can practice all you want, but ultimately you will learn the most about estimating rehab costs by actually rehabbing a house.

Would the value of the current property be adversely affected in a quantifiable way?

At least then you’ll have an easy way to describe and quantify “plenty of assets” for a prospective lender.

And I think it boils down to a couple of things that are quantifiable and a couple that aren't so easy to quantify or make generalities about:1.)

.#5 Practice, Practice, PracticeWalkthrough potential rehab properties (or find properties virtually online) and practice creating detailed scopes of work, quantifying repairs and estimating rehab costs for the projects.#6 Get Your First Rehab ProjectYou can practice all you want, but ultimately you will learn the most about estimating rehab costs by actually rehabbing a house.

So yes, we lost opportunity cost, but it's impossible to quantify that without having an actual deal in front of me that I could not partake in due to being tied up in the other deal.

It's because they know how to quantify risk.

Conversely, any estimate that can quantify the average vacancy.

Plus the fact that there are some things that are not so easy to quantify.  

.#5 Practice, Practice, PracticeWalkthrough potential rehab properties (or find properties virtually online) and practice creating detailed scopes of work, quantifying repairs and estimating rehab costs for the projects.#6 Get Your First Rehab ProjectYou can practice all you want, but ultimately you will learn the most about estimating rehab costs by actually rehabbing a house.