If it is new construction usually the Project Manager or estimator would draft a material list.

An important thing to note is to learn how to calculate estimated closing costs.

Hello I wanted to know what does it cost to do foundation & framing for a 1,500sq ft house being built in Lehigh Acres Florida. 

Since you estimate a resale value of $200-215K and renovation costs of $60-70K (although you said that's on the higher end), your margin is tight, especially considering closing costs, realtor fees, and unexpected expenses.

I still have a full-time job, but my goal is to start with 1-2 flips/year for the first couple of years, then ramp up to 5+/year.Right now, I’m focused on learning as much as possible—market analysis, deal sourcing, estimating rehab costs, and raising capital.

Another option is to estimate value based on potential income and market cap rates, which can give you an investor’s perspective.

In my estimation it takes 2-5 years before a rental is broken in and feels like a good investment. 

@Delroy WatsonI recommend connecting with @Jonathan Klemm to get an estimate.

I have another property from a family friend that is being sold  for 150k, and the estimated value is 340k. 21 acre road front property w 3/2 bath.

I suggest the buyer at least get an estimate of the potential tax savings.