Because it is mostly cosmetic, the cost to remodel isn't horrible but you can still get the properties at a discounted rate.

These people do not know how to replace light bulbs, unclog a toilet, or find their a$$ w/both hands.   

Then, with reasonable confidence you can estimate costs.I personally don't love the square foot estimating method for remodeling as I think it is an easy way to lose.

Also she is working with us with city ordinances to  see if down the road we can change it from a LTR to a STR.last two- three years my wife and I have been property managing it from across the country using handymen as our boots on the ground and I remodeled the house with contractors inbetween tenants .

If their kid shoves a pair of leggings down the toilet and clogs it (yes, this has happened), then they are responsible for fixing it.

Have had some big remodeled units that unfortunately came up late in the year.

We have people complain about everything from unclogging a toilet they clogged, sending picture of their poop, to not knowing how to do easy stuff that they SHOULD know how to do to one girl who has locked herself out 5 times.   

Our remodeled home has received multiple offers at or near the asking price.Unfortunately, we've hit an issue with the appraisal.

Kitchen and basement remodel.

For example - you're starting a $100,000 remodel on a propoerty that you have acquired, the Scope Of Work includes basic lipstick stuff like a kitchen remodel, a bath remodel, and new flooring and paint.I would start with a draw of no more than $10k, that is more than enough to get anyone going and it shows your good faith.