As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".

Sometimes I think, well maybe that newby is an expert at draining swamps....or they have a helicopter to reach the landlocked property and want to practice aerial concrete and building material transport.There was a guy on here the other day, challenging me that he could not possibly go look at all the "deals" he was going to buy in Florida for 10c on the $1. 

And sometimes, we are not materially improving what you could have done  yourself. 

Maybe you help manage the property for them for a small %, or give sweat equity for small cosmetic renovations?

Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.

Purchase price: $165,000 Cash invested: $20,000 I bought a duplex in Racine that needed a lot of cosmetic upgrades.

A cosmetic rehab is still quite a challenge for the first time.

Will need about 10k of cosmetic work and some minor plumbing.

I understand the basis is all the remodel cost or labor and materials. 

I upgraded the “bones” of the property and the cosmetics.