If I were to hazard a guess, would be lucky to get 1 in 20 bids accepted. 

I am asking because that is a science and often inhabited by regulars who know how to bid you up on the duds if you haven't done it.One tip I would give you before you go into Indiana would be to really take a hard look at your 7 units and 10 doors and see if there are any underperformers in the bunch.

If you're planning to raise rents over time - would be good to get a bid from a contractor to figure what it would cost to fully redo one of the units so you have a template of what it could cost to redo all of them. 

.- You could also try selling to another naive investor, but you don't have the infrastructure to do so easily. 2) You'll need to evict the tenant if you haven't already.3) Have 2-3 agents tour the property and take videos of their recommendations of repairs.4) Review all of these to create consensus Scope Of Work (SOW). 5) Get 2-4 bids on the SOW6) Review bids to determine cost effectiveness of what to actually do.

Things only have value as long as enough people agree it has value and are willing to bid against each other to obtain it.  

Due to high demand, many investors in Austin are finding they need to adjust their approach a bit to make the numbers work.Rehab Budget: Ensure that bids are received from multiple contractors and that adequate reserves are made for cost overruns.

However, the City initiated the “Buy Into Baltimore” open bid program (which we’re interested in participating) through which you can bid/buy city-owned abandoned/vacant properties for redevelopment/resale.The problem is, there are so many blighted neighborhoods in Baltimore, it’s tough to know where to start.

I'll make the numbers work" (Indianapolis) with no line item bids.

Get multiple bids. 

Hello everyone,we got a bid for 20k to get our rental property ready for the market and get the CoO (certificate of occupancy).Any product out there to finance the project?