/Have you been inside the property and walked it to do a full estimate of costs?

I use 10% for maintenance & cap ex, 8% for vacancy (but not on STR because the estimate from Airdna includes vacancy), 10% for management.

Each time the response was “Unfortunately I cannot provide an exact estimate at this time for the date of completion”.

Princeton University’s Eviction Lab estimates 1.5 million Americans face eviction annually.

Estimated CostsADU costs can range DRAMATICALLY depending on the state of the lot, custom vs fast track plans, size of ADU, materials and finishes, speed and quality of the builder, etc.

When you are looking at estimated provided by the seller take them with a healthy grain of salt.

For costs, if you're an investor, you can probably do a video walk through to get a ballpark estimate on rehab.

If you ask around, you likely know someone in CA investing out of state.If you evaluate a long term rental property from a micro view of let's say the Year 1 return, with interest rates where they are, and using conservative estimates for rent, you'll be hard pressed to find compelling cashflow without going into C or D class areas nationwide. 

If it’s a good enough deal you may not require a full 100% reduction by the amount of the estimate.

Or do you have an estimate of the amount of money you can invest in a property?