It’s always insightful to hear how others approach raising money and evaluate those who do.

I try to evaluate a unique property 2-3 different ways, then make a highly educated guess based on my knowledge of the market.

Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor. 

Summary-  evaluate your scaling strategies.  

Its a good discussion, these stories always help to re-evaluate and discuss our markets, or whether or not it's worth staying in them.

I like that you pointed out all the positives and negatives for a fair balanced post that will help other investors evaluate future options.I have been posting for a while on how hard the North Alabama market has become, and this post shows a good example of it. 

I’ll keep your offer in mind as I evaluate opportunities and have questions about loan products or financing options.Thank you again for the support and encouragement.

Armed with this information, carefully evaluate whether the numbers meet your investment objectives before making a decision.Good Luck!

Best to evaluate this question on paper with an experienced broker.

This allows you to see exactly what work is being done and evaluate whether the pricing makes sense.