It cost $38,000 for the framer to take on the risk and do the work - and that does not include the cost of the GC, or architect, or plumber that was also required!)  

I am trying to get a good hang of the rehab costs since I’m new to the are (from Dallas).

I always insist that every opportunity for additional income should be explored.By implementing these strategies, property owners can maximize unit potential and create a more profitable investment.

How much is the rehab going to cost, what's the ARV going to be, and how much will the property rent for?

Additionally, cost segregation and bonus depreciation can accelerate tax benefits.Because filing as single taxpayers limits certain deductions, planning in advance ensures you maximize benefits while avoiding complications.

You won't find a deal where you live for free, but if you can live in a great neighborhood at a reduced cost of living that is a nearly risk free way to get started in real estate. 

Do you have a total price range you're looking for, or maybe a cost/door?

On the flip side, traditional financing typically offers better rates and longer terms but can take longer to close, and you’ll likely need stronger financials.If you’re trying to balance speed with cost-efficiency, it’s worth considering your project’s needs and how quickly you need to get funding.

In Indianapolis we perform this work for clients and they do a little better than market, but still have to pay a GC (us) for a year of our time plus their interest or opportunity costs on having so much cash out for that time period.

Be sure to factor in repair costs to keep things profitable.