For example if a tenant has been living in a unit 10 years, the condition of the property is worse than a vacant unit with fresh paint, carpet and new appliances.

painting and carpet might not give you enough of a boost, needs more detailsHave you already bought it or are you projectingYou can add value by increasing rents, improving the property, refi, adding sq footage etc.

Hey all,What's your favorite place to go for supplies, namely flooring/carpet, other than the big box stores..

When I bought my house in 2012 and cleaned the carpets they stayed clean.

This will help you get a better idea of what tile, hardwood, carpet, plumbing fixtures and light fixtures costs for your rehabs.#3 Contact Local Contractors for PricingCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

Purchase price: $15,000 Cash invested: $8,600 Sale price: $74,500 2000 mobile home; 1152 sf; 3/2; 2.88 acresWe did minimal rehab - replaced a toilet, painted, replaced carpet with laminate flooring.

I will spend between 3 to 5K fixing bathroom, carpets and painting. 

One of the contractors I was speaking with about replacing carpet asked me if I wanted to have the flooring installed on top of the carpet pad.

Been a land lord since 2005 and only had one security deposit disputed informally (i.e. someone said it wasn't fair) over a carpet cleaning fee. 

I kept the hardwood floors because when I rehabbed I found them under the carpet and hated to cover them up again when they looked so beautiful!