I have done that with all of my properties (except one - I am sure you can guess which one), and it has helped me gauge the market. 

There are suppliers in China who can supply pre-cut SIPs and they say they can source other exterior and interior finishes (except electricals and plumbing) from other suppliers and ship it.

if you were worried about them trying to take money from you, then you should have been smart and put a meter on their water pump after you told them to flush it out or whatever so that you can gauge how much extra you cost them and then take that off the rent and then there's no discrepancies. it was completely due to your negligence that caused them an inconvenience and a health hazard. not sure we're all these other landlords get off assuming these are just cash grabbing freeloaders when they didn't do anything except do their part and move into a place and pay rent.so you can benefit from them doing so.

@Alex NgI have a hard time believing you can cash flow on 100% ltv except in pretty rough areas.

The only exception that I have seen is in Lehigh which is at equilibrium.

(The exception being large apartments and commercial properties, of course.)

A drywall guy once told me that a quick way to calculate a whole house worth of work is to multiply the living sq footage by 3.5 then divide that by 48 sq ft ( 12 ft drywall ) and then multiply times per sheet cost.This is probably more applicable for new construction or full gut jobs.amazingwe did a new build last year & using your calc it was very close except we did 9ft ceilings & 1/2" 12ft wallboard.

With a $60/mo HOA(external maintenance not included with the exception of fencing) and 6.5% interest rate, my monthly mortgage (with taxes, insurance, HOA, etc)  will be around 2600/mo.

I think you should be cautious to outsource things as a newbie without understanding how it works, what the nuances are etc because essentially you should know your business before you outsource things...doesn’t mean you have to be an expert but knowing it is vital.

You can also signup for TOU so you pay 11cent/kw the rest of the time except 6-9pm June-Sept.