During this process we spec all finishes/fixtures/scope of work, and then provide a final "guaranteed" budget that will only change if hidden conditions arise (code/safety-related), scope of work changes (additional work added above the defined scope), or fixtures/finishes change (price will go up or down, based on the new selection and any re-work necessary).I strongly recommend you find someone with a similar process, who also freely offers up proof of licensing, insurance, 3-party reviews, and client references you can contact.Finally, if it's a long term play and you don't mind spending the money, consider the "phased" approach mentioned by @Nabil Suleiman.

Your money will be made in the due diligence phase, which is now, so keep looking at all your options and break things down street by street.

It'll include pages such as deal highlights, the deal analysis, cost of all products down to every dollar, and of course return simplified and detailed.For the lenders, when someone brings you a new deal to invest it, what are numbers/figures/details you need to see to continue to the next phase of the deal, to know if it's even worth your time?

Hey Everyone -- I am excited to announce the release of our new 'beta' program for BPInsights (beta basically means a testing phase in software-speak).  

Hey Everyone -- As Pro and Premium members on BP, I am excited to invite you all to participate in our 'beta' program for our new BPInsights program (beta basically means a testing phase in software-speak).

I did my first deal at 23 (house hacked) but I’ve decided to bypass the SF phase and jump straight to Multi Family.

However, not knowing the exact reason/s that may have influenced the seller's final decision, our guess is that it was more than likely due to rooftop units well beyond their statistical life cycle, their reliance upon R-22 refrigerant currently being phased out of the industry not to mention two rooftop units with suspect heat exchangers accompanied by elevated levels of CO in flue gas creating a potential liability that could end up in a law suit.

To support your point I think the AVERAGE real estate agent with little experience that provides barely any value to their customers beyond their lockbox key could be easily phased out.

This phase of learning and practicing is invaluable.Broadly speaking, I think the rent numbers look pretty good.

I anticipate $45K-55K in reno costs with a 6-12 month timeline to be completed in three Phases. 1) Exterior 2) Unit 1 3) Unit 2.