When rehabbing a home there are so many things that could happen so make sure you budget for the unforeseen! 

Failure to understand the finances results in, at best, "unforeseen" Special Assessments, and, at worst, well, you know...the building collapses, killing many, creating increased costs for ALL of the other condo owners across the country!

If for some unforeseen reason the tenant leaves and you refund any rent you can't get the taxes back.

City inspections , roaches ..Many scary Unforeseen expenses hitting you all at once .  

The overall bill for a complete rewire is still very high @ $24K (barring the unforeseen); however, I am narrowing the scope to just finish the 2/1 unit and get it rented. 

Lastly, having experience in this entire space, the piecemeal approach is more hands-on, you have a higher likely hood of incurring construction over runs "unforeseen" - lets face it most contractors are a tough breed of people to work with, so timelines are not always certain.Anyhow, yes, it can exist, but it requires a ton more work, your time, more room for error, and the pure time cost of money is substantially greater.Just a thought, much luck, great question!

Id love to connect and discuss the basics on how you are doing analytics and any unforeseen things to be aware of in the inner city of Milwaukee.

The trend has mostly followed forecast with asterisks for a systemic, geopolitical or unforeseen financial calamity.

It makes sense to prevent future unforeseen events.

However you can run into several unforeseen issues.