Hey Tyler,  As many have said, recently SOLD sales of similar homes, from within the same "market" as the home you are estimating value. 

Still no estimate for completion yet.

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

Estimate $30k to dig if you do not need to underpin the footings

What is the estimate for getting it rent ready?

I suggest connecting with someone that can sit down with you and run each of these scenarios with estimated numbers to get a better idea of what is realistic and what isn't.

I would estimate the ARV @ $230,000 on the low side, at least that is where we will list it with hopes that it will move as quickly as some of the comps have recently.

Your ability to accurately estimate costs and efficiently manage renovations makes you an extremely valuable partner in any deal.

Could you do so if it meant saving 60 to 100k as you estimate?

Trying to get a # from him about estimated remaining cost but got nothing.