Perhaps you could look at other projects to help you form a baseline but that number will never be completely accurate because: • No two projects are the same: to get the best number you need to find an impossible-to-find project: one that is built in the same place by the same developer during the same market conditions in a nearly identical location.

The reason they do this is because they’ve lied so much that they need to change their identity and story every three years so that out of state people can’t look too much into their past deals.Once they’ve sold enough houses, made enough money, and ripped enough people off they shut it down and start all over again.How they get away with it year after year is beyond me.

One thing my broker brought up is that this may be considered a conflict of interest when it comes to the statement of identity that would have to be signed.The rehab budget is only going to be about $20-30k (walkthroughs for estimates next week) and I will be using subs for most of the work with the exception of some big ticket items like cabinet install and kitchen/bath tiling.

Or it could be that he was saying he could successfully hide his identity.

Had identical problem in a basement not long ago and tried everything you did w/o success.

Hey Jon this castle is almost identical to the one you stayed you in but with out jacuzzi it has claw feet tubs.

Let us run a little thought experiment to see if the 50% rule holds water. 2 houses, physically identical in every way, shape and form.

Obams's plan is identical to FDRs New Deal in the 1930s and that led to a 10 year great depression.

The 10k rehab is total so 2500/door and that is really just new flooring, kitchen cab faces, paint.The unit is part of about 5 other buildings that look identical to it but everything else is a SFH with much higher selling prices.

@Don Levy - judgments are similar, but not identical, in different states.