When I first started rehabbing and didn't have any idea what things would cost, I found two reputable GCs (based on recommendations by other investors) and paid them (about $50 each, to cover time and gas) to come to a couple properties and give me estimates.

I'll be cutting into the floor and fear that there may be raw sewage under the house (the leak wasn't the first hint!).

I just looked at another property today that had a leaking toilet that was attached to a cast iron water closet flange.

, water, a roof that does not leak, doors and windows that work, etc.

This money essentially replaces the expenditures for advertising, direct mail, signs, time, gas, materials, etc., as acquisition costs.Now that I think about it, it's essentially a turn-key wholesaling franchise, and there are benefits to buying a franchise.

I can help you with office buildings from $20MM to $200MM+ but would be worthless for gas stations and many types of land deals, for example.

Are you also adjusting your rehab expense for things like the furnace, water heater and broken or missing water pipes, perhaps a gas leak in the basement or worse in the front yard.

Pretty much whenever I do laundry water leaks in the floor on the other side of the wall.

The house has a wood burning fireplace with a separate flue from the gas forced hot air furnace.

I had a repair guy stop by the other day and basically he told me sheis making a mess of the place and she doesn't have the gas cut on.She is an inherited tenant from the previous owner and I saw her once in person after the sale.