Plus you still have to actually underwrite the entire deal (purchase, construction, carry, etc to develop accurate CF/profit).

I know very well all the models of house they build, so can give you an accurate estimate and guide you thru the process.Steve

I have been practicing my deal analysis daily, but it's hard to tell if my numbers are accurate without comps. 

Wells Fargo ultimately turned me down because my specialist was completely clueless in general, and because she failed to accurately relay what I was telling her to her "internal contact" on the phone. 

What tools or processes have you implemented to estimate rehab costs more accurately and avoid scope creep in BRRRR projects?

@Fakaradin Floydcongrats and thanks for the update, it's always great when someone comes back to update the community on their progress.it sounds like you're saving up to buy something, is that accurate? 

They are rarely reported accurately by realtors on the MLS when transactions close to begin with and I don't believe anything other than the contract sale prices are utilized although an official study on this would be very interesting albeit a painstaking process to undertake. 

Having worked in corporate architecture firm for 13 yrs before opening my own firm, I understand your basis @Jay Hinrichs and it's totally accurate.

Many of the BP calculators want you to put in 5% but this is not always accurate.

If it is very rural having contractors and completing on time and accurate numbers can be challenging.