I'm relatively new as well, 2 years so far with 3 total properties and I have 2 offers out now.

For example:Task              Estimate       % Certain       Low Estimate       High EstimateDemo            $1,000           80%               $800                    $1,200Roof             $8,000            90%               $7,200                 $8,800Construction $8,000         80%               $6,400                 $9,600Misc              $4,000            90%               $3,600                 $4,400--------------------------------------------------------------------------------------------TOTAL           $21,000                               $18,000               $24,000For me this is useful to determine a good deal because if the high estimate is still good I know that even if everything goes poorly it will still be ok.

Unless there is an obvious error, you will likely be fighting an uphill battle.  

Totally understand,Generally that initial purchase-rehab loans will also be driven by your experience in the area.

Obviously piggybacking off of the expert advise of trusted Realtor in the area.

Quote from @Ryan Moyer: It's $558 and anyone saying otherwise is wrong :P I agree - it's your total "host payout" plus the "host service fee" added back in. 

Obviously some property types and locations are doing better than others. 

It’s totally understandable to feel nervous about raising rents, especially when they’re so far below market.

To protect yourself, consider covering the electric for now, keeping a record of any payments, and adding them to the total owed when you file for eviction.

It’s a great way to learn the ropes and get a feel for the daily grind in construction.Remember, everyone starts somewhere, and it’s totally okay to learn as you go.