You will have to create your own renovation estimator with the numbers that you gather.

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Going this route creates a multi family scenario creatively. 

Remember to looking into rental and cost seg to wipe out entire taxes form your Flips.This post does not create a CPA-Client relationship.

Giving away the place cheap only creates more work for yourself screening lower income individuals, and attracts scammers.

I'm glad I found this thread; I was looking for a community of Latino investors a while back and couldn't find one so I created my own.

Ask chat GPT to create a spreadsheet for you will all the information you want

So creating all these funky financials is great, but if you are using those in a presentation that information should be in the PPM or an official document as if someone is making a decision based on that - it can come back to bite them.

This is a good thing if you want to do some rehab, but again, you must be very strategic about how much money you put into a place, knowing it won't naturally appreciate beyond what you create in improvements.4) We're having a bit of a zoning crisis.

Quote from @Zachary Deal: One thing to keep in mind if you are doing this is that you are likely to create "functional obsolescence" which could mean you are not able to get a new loan against your property and it can be difficult to resell as well.